Guild Investment Management Inc. Purchases 5,120 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Guild Investment Management Inc. grew its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 8.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 69,183 shares of the exchange traded fund’s stock after buying an additional 5,120 shares during the quarter. VanEck Gold Miners ETF makes up about 2.9% of Guild Investment Management Inc.’s investment portfolio, making the stock its 13th biggest position. Guild Investment Management Inc.’s holdings in VanEck Gold Miners ETF were worth $2,755,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Jane Street Group LLC grew its stake in shares of VanEck Gold Miners ETF by 649.7% during the first quarter. Jane Street Group LLC now owns 16,209,056 shares of the exchange traded fund’s stock valued at $512,530,000 after purchasing an additional 14,046,913 shares during the last quarter. Capitolis Liquid Global Markets LLC bought a new stake in shares of VanEck Gold Miners ETF during the first quarter valued at approximately $104,346,000. Alaska Permanent Fund Corp grew its stake in shares of VanEck Gold Miners ETF by 132.1% during the first quarter. Alaska Permanent Fund Corp now owns 3,940,340 shares of the exchange traded fund’s stock valued at $124,594,000 after purchasing an additional 2,242,823 shares during the last quarter. GLOBALT Investments LLC GA bought a new stake in shares of VanEck Gold Miners ETF during the fourth quarter valued at approximately $58,686,000. Finally, National Bank of Canada FI grew its stake in shares of VanEck Gold Miners ETF by 89.0% during the second quarter. National Bank of Canada FI now owns 3,913,211 shares of the exchange traded fund’s stock valued at $132,617,000 after purchasing an additional 1,842,885 shares during the last quarter.

VanEck Gold Miners ETF Trading Up 0.8 %

Shares of GDX traded up $0.30 during mid-day trading on Friday, hitting $40.17. 3,788,251 shares of the company traded hands, compared to its average volume of 22,439,029. VanEck Gold Miners ETF has a one year low of $25.67 and a one year high of $41.95. The business has a 50-day moving average of $38.58 and a 200 day moving average of $36.08. The stock has a market capitalization of $16.06 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85.

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.