Blue Oak Capital LLC Acquires New Position in VanEck Gold Miners ETF $GDX

Blue Oak Capital LLC acquired a new stake in VanEck Gold Miners ETF (NYSEARCA:GDX) in the second quarter, according to its most recent filing with the SEC. The fund acquired 8,275 shares of the exchange traded fund’s stock, valued at approximately $431,000.

A number of other large investors also recently modified their holdings of the company. LPL Financial LLC increased its stake in VanEck Gold Miners ETF by 2.3% in the 1st quarter. LPL Financial LLC now owns 3,594,251 shares of the exchange traded fund’s stock worth $165,228,000 after acquiring an additional 80,785 shares during the last quarter. Banco Bilbao Vizcaya Argentaria S.A. increased its position in shares of VanEck Gold Miners ETF by 7,098.1% in the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 2,080,392 shares of the exchange traded fund’s stock worth $94,731,000 after purchasing an additional 2,051,490 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd increased its position in shares of VanEck Gold Miners ETF by 3,010.4% in the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,938,221 shares of the exchange traded fund’s stock worth $89,100,000 after purchasing an additional 1,875,906 shares during the last quarter. National Bank of Canada FI raised its stake in VanEck Gold Miners ETF by 8,656.1% in the first quarter. National Bank of Canada FI now owns 1,376,192 shares of the exchange traded fund’s stock valued at $63,264,000 after purchasing an additional 1,360,475 shares in the last quarter. Finally, New Harbor Financial Group LLC lifted its position in VanEck Gold Miners ETF by 51.9% during the first quarter. New Harbor Financial Group LLC now owns 1,155,787 shares of the exchange traded fund’s stock valued at $53,132,000 after purchasing an additional 394,744 shares during the last quarter.

VanEck Gold Miners ETF Stock Performance

NYSEARCA GDX opened at $73.13 on Friday. VanEck Gold Miners ETF has a 52-week low of $33.42 and a 52-week high of $75.28. The company has a market capitalization of $21.41 billion, a P/E ratio of 21.70 and a beta of 0.77. The company has a fifty day moving average of $61.32 and a 200-day moving average of $53.29.

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.