Cardinal Point Capital Management ULC Sells 1,875 Shares of VanEck Gold Miners ETF $GDX

Cardinal Point Capital Management ULC lowered its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 1.2% in the 2nd quarter, HoldingsChannel reports. The firm owned 156,905 shares of the exchange traded fund’s stock after selling 1,875 shares during the quarter. Cardinal Point Capital Management ULC’s holdings in VanEck Gold Miners ETF were worth $8,168,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Hurley Capital LLC bought a new stake in shares of VanEck Gold Miners ETF in the 1st quarter valued at about $26,000. Hoey Investments Inc. raised its holdings in shares of VanEck Gold Miners ETF by 71.0% in the 2nd quarter. Hoey Investments Inc. now owns 513 shares of the exchange traded fund’s stock valued at $27,000 after purchasing an additional 213 shares in the last quarter. RMG Wealth Management LLC bought a new stake in shares of VanEck Gold Miners ETF in the 2nd quarter valued at about $34,000. NorthRock Partners LLC raised its holdings in shares of 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 in the last quarter. Finally, IMA Advisory Services Inc. bought a new stake in shares of VanEck Gold Miners ETF in the 1st quarter valued at about $44,000.

VanEck Gold Miners ETF Stock Up 1.2%

NYSEARCA GDX opened at $73.79 on Friday. The firm has a market cap of $21.66 billion, a PE ratio of 21.70 and a beta of 0.77. The company has a 50 day moving average price of $70.29 and a 200 day moving average price of $57.84. VanEck Gold Miners ETF has a 52 week low of $33.42 and a 52 week high of $85.08.

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.