Plancorp LLC Acquires 12,431 Shares of VanEck Gold Miners ETF $GDX

Plancorp LLC bought a new position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) in the 3rd quarter, HoldingsChannel reports. The institutional investor bought 12,431 shares of the exchange traded fund’s stock, valued at approximately $1,091,000.

Several other hedge funds also recently added to or reduced their stakes in the business. MCF Advisors LLC grew its position in VanEck Gold Miners ETF by 2.8% during the 2nd quarter. MCF Advisors LLC now owns 3,690 shares of the exchange traded fund’s stock worth $278,000 after purchasing an additional 100 shares during the period. Midwest Trust Co raised its stake in shares of VanEck Gold Miners ETF by 2.8% during the 1st quarter. Midwest Trust Co now owns 4,169 shares of the exchange traded fund’s stock valued at $383,000 after buying an additional 115 shares during the last quarter. Conservest Capital Advisors Inc. raised its stake in shares of VanEck Gold Miners ETF by 4.1% during the 1st quarter. Conservest Capital Advisors Inc. now owns 3,126 shares of the exchange traded fund’s stock valued at $287,000 after buying an additional 123 shares during the last quarter. CWA Asset Management Group LLC lifted its holdings in shares of VanEck Gold Miners ETF by 1.9% in the 3rd quarter. CWA Asset Management Group LLC now owns 7,027 shares of the exchange traded fund’s stock valued at $617,000 after buying an additional 133 shares during the period. Finally, Miller Financial Services LLC lifted its holdings in shares of VanEck Gold Miners ETF by 1.8% in the 3rd quarter. Miller Financial Services LLC now owns 8,352 shares of the exchange traded fund’s stock valued at $733,000 after buying an additional 145 shares during the period.

VanEck Gold Miners ETF Stock Up 2.2%

Shares of GDX opened at $87.60 on Friday. VanEck Gold Miners ETF has a 52 week low of $69.74 and a 52 week high of $117.18. The company has a market capitalization of $27.01 billion, a price-to-earnings ratio of 21.70 and a beta of 0.70. The stock’s 50-day moving average price is $89.57 and its 200-day moving average price is $90.34.

VanEck Gold Miners ETF Profile

The Fund seeks to match as closely as possible the price and yield performance of the MarketVector Global Gold Miners Index. The Fund, utilizing a passive or indexing investment approach, attempts to approximate the investment performance of the Index by investing in a portfolio of stocks that generally replicate the Index.