Bleakley Financial Group LLC Purchases 14,209 Shares of VanEck Gold Miners ETF $GDX

Bleakley Financial Group LLC grew its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 17.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 95,054 shares of the exchange traded fund’s stock after acquiring an additional 14,209 shares during the period. Bleakley Financial Group LLC’s holdings in VanEck Gold Miners ETF were worth $7,262,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the business. AQR Capital Management LLC grew its stake in VanEck Gold Miners ETF by 106.2% during the first quarter. AQR Capital Management LLC now owns 24,088 shares of the exchange traded fund’s stock worth $1,107,000 after purchasing an additional 12,408 shares during the period. Sumitomo Mitsui Trust Group Inc. bought a new position in shares of VanEck Gold Miners ETF during the 2nd quarter worth approximately $227,000. Pinnacle Wealth Management Group Inc. grew its position in shares of VanEck Gold Miners ETF by 0.3% during the 2nd quarter. Pinnacle Wealth Management Group Inc. now owns 83,640 shares of the exchange traded fund’s stock worth $4,354,000 after buying an additional 246 shares during the period. Waldron Private Wealth LLC bought a new stake in shares of VanEck Gold Miners ETF in the 2nd quarter valued at $206,000. Finally, Brighton Jones LLC lifted its position in shares of VanEck Gold Miners ETF by 46.7% during the 2nd quarter. Brighton Jones LLC now owns 6,600 shares of the exchange traded fund’s stock valued at $344,000 after acquiring an additional 2,102 shares during the period.

VanEck Gold Miners ETF Stock Up 1.9%

Shares of NYSEARCA GDX opened at $106.26 on Friday. The firm has a market cap of $32.43 billion, a PE ratio of 21.70 and a beta of 0.55. The company’s fifty day simple moving average is $96.12 and its 200 day simple moving average is $80.38. VanEck Gold Miners ETF has a 12-month low of $38.58 and a 12-month high of $113.50.

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.