Prudential PLC Buys New Position in VanEck Gold Miners ETF $GDX

Prudential PLC bought a new position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 239,300 shares of the exchange traded fund’s stock, valued at approximately $18,283,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. New Republic Capital LLC bought a new position in shares of VanEck Gold Miners ETF during the 3rd quarter valued at about $29,000. Highline Wealth Partners LLC increased its holdings in shares of VanEck Gold Miners ETF by 45.0% in the third quarter. Highline Wealth Partners LLC now owns 435 shares of the exchange traded fund’s stock valued at $33,000 after buying an additional 135 shares in the last quarter. Family Management Corp acquired a new stake in shares of VanEck Gold Miners ETF during the 3rd quarter valued at $38,000. Tradewinds Capital Management LLC boosted its stake in shares of VanEck Gold Miners ETF by 162.5% during the 3rd quarter. Tradewinds Capital Management LLC now owns 525 shares of the exchange traded fund’s stock worth $40,000 after acquiring an additional 325 shares in the last quarter. Finally, Activest Wealth Management acquired a new position in shares of VanEck Gold Miners ETF in the 3rd quarter worth $50,000.

VanEck Gold Miners ETF Stock Down 6.1%

Shares of VanEck Gold Miners ETF stock opened at $93.26 on Friday. VanEck Gold Miners ETF has a 12-month low of $40.26 and a 12-month high of $117.18. The firm has a market capitalization of $28.46 billion, a PE ratio of 21.70 and a beta of 0.55. The stock’s fifty day moving average is $101.75 and its 200-day moving average is $85.20.

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.