Great Diamond Partners LLC Takes Position in VanEck Gold Miners ETF $GDX

Great Diamond Partners LLC purchased a new stake in VanEck Gold Miners ETF (NYSEARCA:GDX) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 43,229 shares of the exchange traded fund’s stock, valued at approximately $2,251,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Arkadios Wealth Advisors bought a new stake in VanEck Gold Miners ETF in the first quarter worth approximately $255,000. Cary Street Partners Financial LLC lifted its stake in shares of VanEck Gold Miners ETF by 13.3% in the 1st quarter. Cary Street Partners Financial LLC now owns 29,837 shares of the exchange traded fund’s stock valued at $1,372,000 after purchasing an additional 3,500 shares during the last quarter. Wealthspire Advisors LLC boosted its holdings in VanEck Gold Miners ETF by 30.5% in the first quarter. Wealthspire Advisors LLC now owns 38,218 shares of the exchange traded fund’s stock worth $1,757,000 after purchasing an additional 8,923 shares in the last quarter. Campbell Capital Management Inc. acquired a new position in VanEck Gold Miners ETF during the first quarter worth $253,000. Finally, WealthShield Partners LLC raised its holdings in VanEck Gold Miners ETF by 73.9% during the first quarter. WealthShield Partners LLC now owns 1,038 shares of the exchange traded fund’s stock valued at $48,000 after buying an additional 441 shares in the last quarter.

VanEck Gold Miners ETF Stock Performance

GDX opened at $81.06 on Thursday. The firm has a market cap of $24.34 billion, a P/E ratio of 21.70 and a beta of 0.55. The business has a 50 day moving average price of $76.19 and a 200 day moving average price of $63.51. VanEck Gold Miners ETF has a twelve month low of $33.42 and a twelve month high of $85.08.

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.