Berkeley Capital Partners LLC Reduces Stake in VanEck Gold Miners ETF $GDX

Berkeley Capital Partners LLC decreased its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 4.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 148,993 shares of the exchange traded fund’s stock after selling 6,305 shares during the period. VanEck Gold Miners ETF accounts for 2.0% of Berkeley Capital Partners LLC’s holdings, making the stock its 8th biggest position. Berkeley Capital Partners LLC owned 0.05% of VanEck Gold Miners ETF worth $7,757,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of GDX. Banco Bilbao Vizcaya Argentaria S.A. lifted its position in VanEck Gold Miners ETF by 7,098.1% during the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 2,080,392 shares of the exchange traded fund’s stock valued at $94,731,000 after acquiring an additional 2,051,490 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd lifted its position in VanEck Gold Miners ETF by 3,010.4% during the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,938,221 shares of the exchange traded fund’s stock valued at $89,100,000 after acquiring an additional 1,875,906 shares during the last quarter. National Bank of Canada FI lifted its position in VanEck Gold Miners ETF by 8,656.1% during the first quarter. National Bank of Canada FI now owns 1,376,192 shares of the exchange traded fund’s stock valued at $63,264,000 after acquiring an additional 1,360,475 shares during the last quarter. CSM Advisors LLC purchased a new stake in VanEck Gold Miners ETF during the first quarter valued at approximately $36,656,000. Finally, Banque Transatlantique SA purchased a new stake in VanEck Gold Miners ETF during the first quarter valued at approximately $25,011,000.

VanEck Gold Miners ETF Stock Up 2.1%

NYSEARCA:GDX opened at $80.36 on Tuesday. VanEck Gold Miners ETF has a 52 week low of $33.42 and a 52 week high of $85.08. The firm has a 50 day moving average of $69.38 and a 200 day moving average of $57.41. The stock has a market capitalization of $23.60 billion, a price-to-earnings ratio of 21.70 and a beta of 0.77.

About VanEck Gold Miners ETF

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.