Berkeley Capital Partners LLC Sells 39,803 Shares of VanEck Gold Miners ETF $GDX

Berkeley Capital Partners LLC reduced its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 26.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 109,190 shares of the exchange traded fund’s stock after selling 39,803 shares during the quarter. VanEck Gold Miners ETF makes up 2.0% of Berkeley Capital Partners LLC’s investment portfolio, making the stock its 7th largest position. Berkeley Capital Partners LLC’s holdings in VanEck Gold Miners ETF were worth $8,342,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. New Republic Capital LLC acquired a new stake in shares of VanEck Gold Miners ETF in the third quarter valued at approximately $29,000. Creekmur Asset Management LLC lifted its stake in VanEck Gold Miners ETF by 147.2% in the 2nd quarter. Creekmur Asset Management LLC now owns 608 shares of the exchange traded fund’s stock valued at $32,000 after buying an additional 362 shares in the last quarter. Highline Wealth Partners LLC lifted its stake in VanEck Gold Miners ETF by 45.0% in the 3rd quarter. Highline Wealth Partners LLC now owns 435 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 135 shares in the last quarter. First Command Advisory Services Inc. acquired a new stake in VanEck Gold Miners ETF during the 2nd quarter valued at $35,000. Finally, Tradewinds Capital Management LLC increased its position in VanEck Gold Miners ETF by 162.5% during the third quarter. Tradewinds Capital Management LLC now owns 525 shares of the exchange traded fund’s stock worth $40,000 after buying an additional 325 shares in the last quarter.

VanEck Gold Miners ETF Stock Up 1.6%

NYSEARCA GDX opened at $104.24 on Friday. The stock has a market cap of $31.81 billion, a price-to-earnings ratio of 21.70 and a beta of 0.55. The business has a fifty day moving average of $95.71 and a 200-day moving average of $79.86. VanEck Gold Miners ETF has a fifty-two week low of $38.58 and a fifty-two week high of $113.50.

VanEck Gold Miners ETF 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.