VanEck Gold Miners ETF $GDX Shares Newly Purchased by Courage Miller Partners LLC

Courage Miller Partners LLC bought a new stake in VanEck Gold Miners ETF (NYSEARCA:GDX) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 10,450 shares of the exchange traded fund’s stock, valued at approximately $918,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Crescent Grove Advisors LLC boosted its holdings in VanEck Gold Miners ETF by 112.6% during the 3rd quarter. Crescent Grove Advisors LLC now owns 54,043 shares of the exchange traded fund’s stock valued at $4,745,000 after acquiring an additional 28,623 shares during the period. Diligent Investors LLC acquired a new stake in shares of VanEck Gold Miners ETF in the third quarter valued at $202,000. Magnus Financial Group LLC raised its position in VanEck Gold Miners ETF by 23.5% in the 3rd quarter. Magnus Financial Group LLC now owns 56,770 shares of the exchange traded fund’s stock valued at $4,984,000 after purchasing an additional 10,813 shares in the last quarter. Axxcess Wealth Management LLC raised its holdings in VanEck Gold Miners ETF by 12.3% in the third quarter. Axxcess Wealth Management LLC now owns 48,308 shares of the exchange traded fund’s stock valued at $4,241,000 after acquiring an additional 5,308 shares in the last quarter. Finally, Canoe Financial LP acquired a new position in shares of VanEck Gold Miners ETF during the third quarter worth $4,647,000.

VanEck Gold Miners ETF Stock Up 0.7%

GDX opened at $86.72 on Thursday. The company has a market cap of $26.38 billion, a PE ratio of 21.70 and a beta of 0.68. The business has a 50 day moving average price of $93.38 and a two-hundred day moving average price of $87.68. VanEck Gold Miners ETF has a 52 week low of $68.13 and a 52 week high of $117.18.

About VanEck Gold Miners ETF

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.