Cumberland Partners Ltd Purchases Shares of 10,440 VanEck Gold Miners ETF $GDX

Cumberland Partners Ltd acquired a new position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 10,440 shares of the exchange traded fund’s stock, valued at approximately $798,000.

A number of other large investors have also recently made changes to their positions in the company. Highline Wealth Partners LLC lifted its stake in 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 worth $33,000 after acquiring an additional 135 shares during the last quarter. Chemistry Wealth Management LLC raised its holdings in shares of VanEck Gold Miners ETF by 1.0% in the 3rd quarter. Chemistry Wealth Management LLC now owns 13,909 shares of the exchange traded fund’s stock valued at $1,063,000 after purchasing an additional 136 shares in the last quarter. Sound Income Strategies LLC lifted its position in shares of VanEck Gold Miners ETF by 1.7% during the 3rd quarter. Sound Income Strategies LLC now owns 10,140 shares of the exchange traded fund’s stock worth $767,000 after purchasing an additional 169 shares during the last quarter. Golden State Wealth Management LLC grew its stake in shares of VanEck Gold Miners ETF by 7.0% during the third quarter. Golden State Wealth Management LLC now owns 2,583 shares of the exchange traded fund’s stock worth $197,000 after purchasing an additional 169 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. grew its stake in shares of VanEck Gold Miners ETF by 0.9% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 20,932 shares of the exchange traded fund’s stock worth $1,599,000 after purchasing an additional 179 shares in the last quarter.

VanEck Gold Miners ETF Price Performance

VanEck Gold Miners ETF stock opened at $104.24 on Friday. VanEck Gold Miners ETF has a 1-year low of $38.58 and a 1-year high of $113.50. The stock has a market cap of $31.81 billion, a PE ratio of 21.70 and a beta of 0.55. The stock’s fifty day moving average is $95.71 and its two-hundred day moving average is $79.86.

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.