Bleakley Financial Group LLC Has $4.21 Million Stock Position in VanEck Gold Miners ETF $GDX

Bleakley Financial Group LLC boosted its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 8.2% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 80,845 shares of the exchange traded fund’s stock after buying an additional 6,144 shares during the quarter. Bleakley Financial Group LLC’s holdings in VanEck Gold Miners ETF were worth $4,209,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of GDX. Hurley Capital LLC bought a new position in shares of VanEck Gold Miners ETF in the first quarter worth about $26,000. Hoey Investments Inc. increased its position in VanEck Gold Miners ETF by 71.0% during the 2nd quarter. Hoey Investments Inc. now owns 513 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 213 shares in the last quarter. RMG Wealth Management LLC acquired a new position in VanEck Gold Miners ETF during the 2nd quarter worth approximately $34,000. NorthRock Partners LLC lifted its stake in VanEck Gold Miners ETF by 69.1% in the 1st quarter. NorthRock Partners LLC now owns 930 shares of the exchange traded fund’s stock valued at $43,000 after purchasing an additional 380 shares during the last quarter. Finally, IMA Advisory Services Inc. acquired a new stake in VanEck Gold Miners ETF in the first quarter valued at approximately $44,000.

VanEck Gold Miners ETF Stock Performance

NYSEARCA GDX opened at $73.79 on Friday. The firm’s fifty day moving average price is $70.29 and its two-hundred day moving average price is $57.84. The stock has a market cap of $21.66 billion, a PE ratio of 21.70 and a beta of 0.77. VanEck Gold Miners ETF has a fifty-two week low of $33.42 and a fifty-two week high of $85.08.

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.