Inscription Capital LLC Makes New Investment in VanEck Gold Miners ETF (NYSEARCA:GDX)

Inscription Capital LLC acquired a new stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) during the 3rd quarter, HoldingsChannel.com reports. The fund acquired 5,289 shares of the exchange traded fund’s stock, valued at approximately $211,000.

Other large investors have also recently added to or reduced their stakes in the company. Beacon Capital Management LLC grew its holdings in VanEck Gold Miners ETF by 202.4% in the 2nd quarter. Beacon Capital Management LLC now owns 747 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 500 shares during the last quarter. Cedar Wealth Management LLC grew its holdings in shares of VanEck Gold Miners ETF by 63.4% in the 2nd quarter. Cedar Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 339 shares during the last quarter. LRI Investments LLC bought a new stake in VanEck Gold Miners ETF during the 1st quarter worth approximately $31,000. Eagle Bay Advisors LLC raised its holdings in shares of VanEck Gold Miners ETF by 95.8% in the second quarter. Eagle Bay Advisors LLC now owns 1,175 shares of the exchange traded fund’s stock valued at $40,000 after buying an additional 575 shares during the last quarter. Finally, Studio Investment Management LLC lifted its position in shares of VanEck Gold Miners ETF by 51.4% during the second quarter. Studio Investment Management LLC now owns 1,202 shares of the exchange traded fund’s stock worth $41,000 after purchasing an additional 408 shares in the last quarter.

VanEck Gold Miners ETF Stock Down 0.5 %

Shares of GDX opened at $41.36 on Tuesday. The firm has a market capitalization of $16.53 billion, a PE ratio of 28.03 and a beta of 0.85. The stock’s fifty day simple moving average is $39.82 and its 200-day simple moving average is $36.93. VanEck Gold Miners ETF has a 12-month low of $25.67 and a 12-month high of $44.22.

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.