Titleist Asset Management LLC Has $7.14 Million Stock Position in VanEck Gold Miners ETF $GDX

Titleist Asset Management LLC lessened its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 6.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 93,508 shares of the exchange traded fund’s stock after selling 6,690 shares during the quarter. Titleist Asset Management LLC’s holdings in VanEck Gold Miners ETF were worth $7,144,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Highline Wealth Partners LLC grew its stake in VanEck Gold Miners ETF by 45.0% in the third quarter. Highline Wealth Partners LLC now owns 435 shares of the exchange traded fund’s stock valued at $33,000 after acquiring an additional 135 shares during the period. Chemistry Wealth Management LLC grew its position in VanEck Gold Miners ETF by 1.0% in the 3rd quarter. Chemistry Wealth Management LLC now owns 13,909 shares of the exchange traded fund’s stock valued at $1,063,000 after purchasing an additional 136 shares during the period. Sound Income Strategies LLC increased its stake in VanEck Gold Miners ETF by 1.7% during the 3rd quarter. Sound Income Strategies LLC now owns 10,140 shares of the exchange traded fund’s stock valued at $767,000 after purchasing an additional 169 shares in the last quarter. Golden State Wealth Management LLC increased its stake in VanEck Gold Miners ETF by 7.0% during the 3rd quarter. Golden State Wealth Management LLC now owns 2,583 shares of the exchange traded fund’s stock valued at $197,000 after purchasing an additional 169 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. raised its holdings in VanEck Gold Miners ETF by 0.9% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 20,932 shares of the exchange traded fund’s stock worth $1,599,000 after buying an additional 179 shares during the last quarter.

VanEck Gold Miners ETF Price Performance

Shares of NYSEARCA GDX opened at $98.70 on Thursday. The company has a 50-day moving average price of $91.48 and a 200-day moving average price of $76.33. The stock has a market capitalization of $30.12 billion, a P/E ratio of 21.70 and a beta of 0.55. VanEck Gold Miners ETF has a 1 year low of $38.58 and a 1 year high of $113.50.

VanEck Gold Miners ETF Company Profile

The Fund seeks to match as closely as possible the price and yield performance of the AMEX 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.