Trans Canada Capital Inc. Has $1.21 Million Stake in VanEck Gold Miners ETF $GDX

Trans Canada Capital Inc. reduced its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 28.5% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 16,050 shares of the exchange traded fund’s stock after selling 6,400 shares during the quarter. VanEck Gold Miners ETF comprises about 0.1% of Trans Canada Capital Inc.’s portfolio, making the stock its 20th largest position. Trans Canada Capital Inc.’s holdings in VanEck Gold Miners ETF were worth $1,211,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Ameritas Advisory Services LLC lifted its holdings in shares of VanEck Gold Miners ETF by 315.7% during the 2nd quarter. Ameritas Advisory Services LLC now owns 19,205 shares of the exchange traded fund’s stock worth $1,449,000 after acquiring an additional 14,585 shares during the period. Morling Financial Advisors LLC increased its stake in VanEck Gold Miners ETF by 72.6% in the second quarter. Morling Financial Advisors LLC now owns 3,209 shares of the exchange traded fund’s stock valued at $242,000 after acquiring an additional 1,350 shares during the last quarter. PCG Wealth Advisors LLC increased its stake in VanEck Gold Miners ETF by 74.4% in the second quarter. PCG Wealth Advisors LLC now owns 75,559 shares of the exchange traded fund’s stock valued at $5,701,000 after acquiring an additional 32,230 shares during the last quarter. Echo45 Advisors LLC raised its position in VanEck Gold Miners ETF by 21.8% during the second quarter. Echo45 Advisors LLC now owns 27,370 shares of the exchange traded fund’s stock valued at $2,065,000 after purchasing an additional 4,895 shares in the last quarter. Finally, Ameliora Wealth Management Ltd. raised its position in VanEck Gold Miners ETF by 6.1% during the second quarter. Ameliora Wealth Management Ltd. now owns 25,402 shares of the exchange traded fund’s stock valued at $1,917,000 after purchasing an additional 1,469 shares in the last quarter.

VanEck Gold Miners ETF Stock Performance

VanEck Gold Miners ETF stock opened at $99.26 on Monday. VanEck Gold Miners ETF has a 52 week low of $65.16 and a 52 week high of $117.18. The stock has a market capitalization of $30.28 billion, a P/E ratio of 21.70 and a beta of 0.70. The stock has a fifty day moving average of $84.44 and a 200-day moving average of $89.30.

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.