Custos Family Office LLC Sells 1,407 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Custos Family Office LLC reduced its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 4.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 32,662 shares of the exchange traded fund’s stock after selling 1,407 shares during the quarter. Custos Family Office LLC’s holdings in VanEck Gold Miners ETF were worth $1,108,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Proficio Capital Partners LLC increased its stake in VanEck Gold Miners ETF by 1,116.3% during the 4th quarter. Proficio Capital Partners LLC now owns 2,144,108 shares of the exchange traded fund’s stock worth $72,707,000 after purchasing an additional 1,967,832 shares in the last quarter. Quadrature Capital Ltd bought a new stake in shares of VanEck Gold Miners ETF during the third quarter worth $76,065,000. Raymond James Financial Inc. acquired a new stake in shares of VanEck Gold Miners ETF during the fourth quarter worth $64,425,000. Strategic Financial Concepts LLC lifted its position in VanEck Gold Miners ETF by 3,704.8% in the 4th quarter. Strategic Financial Concepts LLC now owns 1,819,255 shares of the exchange traded fund’s stock valued at $61,691,000 after acquiring an additional 1,771,440 shares in the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund acquired a new position in VanEck Gold Miners ETF in the 3rd quarter worth $35,838,000.

VanEck Gold Miners ETF Trading Up 2.1 %

GDX stock opened at $44.57 on Tuesday. The stock has a 50-day moving average price of $39.68 and a two-hundred day moving average price of $38.80. VanEck Gold Miners ETF has a 1 year low of $28.91 and a 1 year high of $45.38. The stock has a market cap of $14.77 billion, a PE ratio of 20.34 and a beta of 0.95.

About VanEck Gold Miners ETF

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.