Courage Miller Partners LLC Purchases New Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

Courage Miller Partners LLC purchased a new stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) in the 1st quarter, HoldingsChannel.com reports. The firm purchased 10,450 shares of the exchange traded fund’s stock, valued at approximately $330,000.

Other institutional investors also recently bought and sold shares of the company. Envestnet Asset Management Inc. grew its holdings in VanEck Gold Miners ETF by 1.7% in the third quarter. Envestnet Asset Management Inc. now owns 624,683 shares of the exchange traded fund’s stock valued at $16,810,000 after purchasing an additional 10,671 shares during the period. Tower Research Capital LLC TRC acquired a new stake in VanEck Gold Miners ETF in the third quarter valued at approximately $1,052,000. Toronto Dominion Bank grew its holdings in VanEck Gold Miners ETF by 31.5% in the third quarter. Toronto Dominion Bank now owns 3,085,387 shares of the exchange traded fund’s stock valued at $83,028,000 after purchasing an additional 738,786 shares during the period. Perritt Capital Management Inc. grew its holdings in VanEck Gold Miners ETF by 2.9% in the third quarter. Perritt Capital Management Inc. now owns 49,027 shares of the exchange traded fund’s stock valued at $1,319,000 after purchasing an additional 1,393 shares during the period. Finally, Stansberry Asset Management LLC acquired a new stake in VanEck Gold Miners ETF in the third quarter valued at approximately $276,000.

VanEck Gold Miners ETF Stock Performance

Shares of NYSEARCA:GDX traded down $0.19 during trading on Friday, reaching $34.04. The stock had a trading volume of 6,442,943 shares, compared to its average volume of 24,607,287. The business has a fifty day moving average price of $34.53 and a 200-day moving average price of $31.33. The stock has a market cap of $13.61 billion, a PE ratio of 28.03 and a beta of 0.85. VanEck Gold Miners ETF has a 1-year low of $25.62 and a 1-year high of $37.47.

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.