Custos Family Office LLC Has $1.11 Million Stake in VanEck Gold Miners ETF (NYSEARCA:GDX)

Custos Family Office LLC lowered its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 4.1% in the fourth quarter, Holdings Channel reports. The firm 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 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in GDX. Atomi Financial Group Inc. grew its holdings in shares of VanEck Gold Miners ETF by 5.5% in the 4th quarter. Atomi Financial Group Inc. now owns 8,804 shares of the exchange traded fund’s stock valued at $299,000 after acquiring an additional 462 shares in the last quarter. Fifth Third Wealth Advisors LLC grew its stake in VanEck Gold Miners ETF by 12.8% in the fourth quarter. Fifth Third Wealth Advisors LLC now owns 11,500 shares of the exchange traded fund’s stock valued at $390,000 after purchasing an additional 1,301 shares in the last quarter. Tandem Financial LLC acquired a new position in shares of VanEck Gold Miners ETF during the 4th quarter worth approximately $7,621,000. Van ECK Associates Corp raised its stake in shares of VanEck Gold Miners ETF by 22.6% during the 4th quarter. Van ECK Associates Corp now owns 39,147 shares of the exchange traded fund’s stock worth $1,327,000 after purchasing an additional 7,212 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of VanEck Gold Miners ETF by 26.2% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 41,000 shares of the exchange traded fund’s stock valued at $1,385,000 after buying an additional 8,500 shares during the last quarter.

VanEck Gold Miners ETF Trading Up 2.1 %

NYSEARCA:GDX opened at $44.57 on Tuesday. The firm has a fifty day simple moving average of $39.68 and a 200 day simple moving average 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 capitalization of $14.77 billion, a PE ratio of 20.34 and a beta of 0.95.

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.