Vontobel Holding Ltd. Buys 377 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Vontobel Holding Ltd. increased its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 0.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 70,026 shares of the exchange traded fund’s stock after acquiring an additional 377 shares during the quarter. Vontobel Holding Ltd.’s holdings in VanEck Gold Miners ETF were worth $2,375,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of GDX. Creative Planning increased its holdings in VanEck Gold Miners ETF by 0.8% in the 3rd quarter. Creative Planning now owns 88,222 shares of the exchange traded fund’s stock valued at $3,513,000 after buying an additional 711 shares during the period. Good Life Advisors LLC bought a new stake in VanEck Gold Miners ETF in the 3rd quarter valued at $224,000. Blue Trust Inc. increased its holdings in VanEck Gold Miners ETF by 88.1% in the 3rd quarter. Blue Trust Inc. now owns 2,110 shares of the exchange traded fund’s stock valued at $84,000 after buying an additional 988 shares during the period. Raymond James & Associates increased its holdings in VanEck Gold Miners ETF by 6.2% in the 3rd quarter. Raymond James & Associates now owns 931,421 shares of the exchange traded fund’s stock valued at $37,089,000 after buying an additional 54,098 shares during the period. Finally, Glenorchy Capital Ltd increased its holdings in VanEck Gold Miners ETF by 2.3% in the 3rd quarter. Glenorchy Capital Ltd now owns 127,871 shares of the exchange traded fund’s stock valued at $5,092,000 after buying an additional 2,863 shares during the period.

VanEck Gold Miners ETF Price Performance

Shares of VanEck Gold Miners ETF stock opened at $41.08 on Monday. The firm has a market capitalization of $16.42 billion, a PE ratio of 28.03 and a beta of 0.85. The company’s fifty day moving average price is $37.18 and its two-hundred day moving average price is $38.24. VanEck Gold Miners ETF has a 52-week low of $25.67 and a 52-week high of $44.22.

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.