Brown Brothers Harriman & Co. Purchases New Position in VanEck Gold Miners ETF (NYSEARCA:GDX)

Brown Brothers Harriman & Co. purchased a new stake in VanEck Gold Miners ETF (NYSEARCA:GDX) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 7,062 shares of the exchange traded fund’s stock, valued at approximately $281,000.

A number of other institutional investors have also recently made changes to their positions in the business. Centennial Wealth Advisory LLC lifted its holdings in shares of VanEck Gold Miners ETF by 2.7% in the 3rd quarter. Centennial Wealth Advisory LLC now owns 10,288 shares of the exchange traded fund’s stock valued at $410,000 after acquiring an additional 267 shares during the last quarter. Morton Capital Management LLC CA lifted its holdings in shares of VanEck Gold Miners ETF by 0.3% in the 2nd quarter. Morton Capital Management LLC CA now owns 88,622 shares of the exchange traded fund’s stock valued at $3,007,000 after acquiring an additional 287 shares during the last quarter. Mather Group LLC. lifted its holdings in shares of VanEck Gold Miners ETF by 21.3% in the 2nd quarter. Mather Group LLC. now owns 1,638 shares of the exchange traded fund’s stock valued at $52,000 after acquiring an additional 288 shares during the last quarter. Summit Wealth Partners LLC lifted its holdings in shares of VanEck Gold Miners ETF by 3.6% in the 3rd quarter. Summit Wealth Partners LLC now owns 8,621 shares of the exchange traded fund’s stock valued at $343,000 after acquiring an additional 298 shares during the last quarter. Finally, Citizens National Bank Trust Department lifted its stake in VanEck Gold Miners ETF by 4.8% in the third quarter. Citizens National Bank Trust Department now owns 6,696 shares of the exchange traded fund’s stock worth $267,000 after purchasing an additional 308 shares during the last quarter.

VanEck Gold Miners ETF Price Performance

Shares of NYSEARCA GDX opened at $37.44 on Thursday. The company has a market cap of $14.97 billion, a P/E ratio of 28.03 and a beta of 0.85. VanEck Gold Miners ETF has a 1 year low of $25.67 and a 1 year high of $44.22. The firm has a 50-day simple moving average of $39.74 and a two-hundred day simple moving average of $37.59.

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.