Schroder Investment Management Group Has $74.38 Million Stake in VanEck Gold Miners ETF $GDX

Schroder Investment Management Group lowered its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 21.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 982,241 shares of the exchange traded fund’s stock after selling 264,253 shares during the quarter. Schroder Investment Management Group owned approximately 0.33% of VanEck Gold Miners ETF worth $74,375,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Constant Guidance Financial LLC acquired a new position in VanEck Gold Miners ETF during the 3rd quarter worth approximately $1,433,000. Tradewinds LLC. acquired a new stake in VanEck Gold Miners ETF in the third quarter valued at approximately $1,568,000. EverSource Wealth Advisors LLC boosted its position in VanEck Gold Miners ETF by 15.6% in the third quarter. EverSource Wealth Advisors LLC now owns 35,422 shares of the exchange traded fund’s stock valued at $2,706,000 after buying an additional 4,778 shares in the last quarter. Trek Financial LLC grew its stake in shares of VanEck Gold Miners ETF by 43.4% during the third quarter. Trek Financial LLC now owns 34,645 shares of the exchange traded fund’s stock worth $2,647,000 after buying an additional 10,488 shares during the last quarter. Finally, Advisory Alpha LLC bought a new stake in shares of VanEck Gold Miners ETF during the third quarter worth $455,000.

VanEck Gold Miners ETF Stock Performance

Shares of NYSEARCA:GDX opened at $103.37 on Wednesday. The company has a fifty day moving average of $101.01 and a 200-day moving average of $84.76. The company has a market capitalization of $31.54 billion, a PE ratio of 21.70 and a beta of 0.55. VanEck Gold Miners ETF has a 52-week low of $40.26 and a 52-week high of $117.18.

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.