RiverGlades Family Offices LLC Has $448,000 Stock Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

RiverGlades Family Offices LLC lessened its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 6.2% in the 3rd quarter, Holdings Channel reports. The fund owned 11,263 shares of the exchange traded fund’s stock after selling 750 shares during the period. RiverGlades Family Offices LLC’s holdings in VanEck Gold Miners ETF were worth $448,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in GDX. Glenmede Trust Co. NA boosted its holdings in shares of VanEck Gold Miners ETF by 5.6% during the third quarter. Glenmede Trust Co. NA now owns 18,957 shares of the exchange traded fund’s stock worth $755,000 after purchasing an additional 1,000 shares during the period. FMR LLC boosted its stake in shares of VanEck Gold Miners ETF by 73.8% during the 3rd quarter. FMR LLC now owns 472,334 shares of the exchange traded fund’s stock valued at $18,808,000 after buying an additional 200,596 shares during the period. D.A. Davidson & CO. grew its holdings in shares of VanEck Gold Miners ETF by 15.4% during the 3rd quarter. D.A. Davidson & CO. now owns 89,938 shares of the exchange traded fund’s stock valued at $3,581,000 after acquiring an additional 12,024 shares in the last quarter. The Manufacturers Life Insurance Company acquired a new position in shares of VanEck Gold Miners ETF in the third quarter worth $438,000. Finally, Brown Brothers Harriman & Co. purchased a new stake in shares of VanEck Gold Miners ETF during the third quarter worth $281,000.

VanEck Gold Miners ETF Price Performance

Shares of NYSEARCA GDX opened at $37.31 on Wednesday. The company has a market capitalization of $14.91 billion, a P/E ratio of 28.03 and a beta of 0.85. The business’s 50-day moving average price is $39.79 and its two-hundred day moving average price is $37.57. VanEck Gold Miners ETF has a one year low of $25.67 and a one year high of $44.22.

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.