Vontobel Holding Ltd. Buys 20,768 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Vontobel Holding Ltd. boosted its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 42.5% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 69,649 shares of the exchange traded fund’s stock after purchasing an additional 20,768 shares during the quarter. Vontobel Holding Ltd.’s holdings in VanEck Gold Miners ETF were worth $2,773,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Jane Street Group LLC increased its holdings in VanEck Gold Miners ETF by 649.7% in the first quarter. Jane Street Group LLC now owns 16,209,056 shares of the exchange traded fund’s stock valued at $512,530,000 after purchasing an additional 14,046,913 shares during the last quarter. National Bank of Canada FI increased its holdings in VanEck Gold Miners ETF by 89.0% in the second quarter. National Bank of Canada FI now owns 3,913,211 shares of the exchange traded fund’s stock valued at $132,617,000 after purchasing an additional 1,842,885 shares during the last quarter. Capitolis Liquid Global Markets LLC bought a new stake in VanEck Gold Miners ETF in the first quarter valued at about $104,346,000. 1832 Asset Management L.P. grew its stake in VanEck Gold Miners ETF by 6.4% in the first quarter. 1832 Asset Management L.P. now owns 3,020,715 shares of the exchange traded fund’s stock valued at $95,515,000 after acquiring an additional 181,475 shares during the period. Finally, Strategic Financial Concepts LLC grew its stake in VanEck Gold Miners ETF by 3,646.0% in the second quarter. Strategic Financial Concepts LLC now owns 1,719,210 shares of the exchange traded fund’s stock valued at $58,333,000 after acquiring an additional 1,673,315 shares during the period.

VanEck Gold Miners ETF Trading Up 4.0 %

NYSEARCA:GDX opened at $43.15 on Friday. VanEck Gold Miners ETF has a 1 year low of $25.67 and a 1 year high of $43.31. The stock has a market cap of $17.25 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85. The stock has a 50-day moving average price of $39.24 and a two-hundred day moving average price of $36.50.

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.