126,965 Shares in VanEck Gold Miners ETF $GDX Bought by Mirador Capital Partners LP

Mirador Capital Partners LP bought a new stake in VanEck Gold Miners ETF (NYSEARCA:GDX) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 126,965 shares of the exchange traded fund’s stock, valued at approximately $11,148,000. VanEck Gold Miners ETF makes up approximately 1.3% of Mirador Capital Partners LP’s portfolio, making the stock its 21st largest position.

Other institutional investors and hedge funds also recently modified their holdings of the company. Axiom Investment Management LLC bought a new stake in shares of VanEck Gold Miners ETF during the 1st quarter worth $934,000. Keystone Investors PTE Ltd. purchased a new stake in VanEck Gold Miners ETF during the fourth quarter worth about $57,449,000. Ameritas Advisory Services LLC increased its holdings in VanEck Gold Miners ETF by 315.7% during the second quarter. Ameritas Advisory Services LLC now owns 19,205 shares of the exchange traded fund’s stock worth $1,449,000 after buying an additional 14,585 shares during the last quarter. Angeles Wealth Management LLC raised its position in VanEck Gold Miners ETF by 171.4% in the second quarter. Angeles Wealth Management LLC now owns 9,500 shares of the exchange traded fund’s stock worth $717,000 after acquiring an additional 6,000 shares during the period. Finally, PCG Wealth Advisors LLC raised its position in VanEck Gold Miners ETF by 74.4% in the second quarter. PCG Wealth Advisors LLC now owns 75,559 shares of the exchange traded fund’s stock worth $5,701,000 after acquiring an additional 32,230 shares during the period.

VanEck Gold Miners ETF Stock Up 3.0%

GDX opened at $89.28 on Friday. The stock has a market cap of $26.70 billion, a price-to-earnings ratio of 21.70 and a beta of 0.68. VanEck Gold Miners ETF has a twelve month low of $68.13 and a twelve month high of $117.18. The company’s 50-day moving average price is $93.17 and its two-hundred day moving average price is $87.74.

About VanEck Gold Miners ETF

The Fund seeks to match as closely as possible the price and yield performance of the MarketVector Global 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.