Bradley Foster & Sargent Inc. CT Buys 46,919 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Bradley Foster & Sargent Inc. CT grew its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 18.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 306,090 shares of the exchange traded fund’s stock after acquiring an additional 46,919 shares during the quarter. Bradley Foster & Sargent Inc. CT’s holdings in VanEck Gold Miners ETF were worth $10,380,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of GDX. Creative Planning boosted its stake in VanEck Gold Miners ETF by 0.8% during the 3rd quarter. Creative Planning now owns 88,222 shares of the exchange traded fund’s stock valued at $3,513,000 after purchasing an additional 711 shares during the last quarter. Blue Trust Inc. lifted its holdings in shares of VanEck Gold Miners ETF by 88.1% during the third quarter. Blue Trust Inc. now owns 2,110 shares of the exchange traded fund’s stock valued at $84,000 after purchasing an additional 988 shares in the last quarter. Raymond James & Associates boosted its position in shares of VanEck Gold Miners ETF by 6.2% during the third 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 last quarter. Whittier Trust Co. increased its holdings in VanEck Gold Miners ETF by 1,559.2% in the 3rd quarter. Whittier Trust Co. now owns 12,029 shares of the exchange traded fund’s stock worth $479,000 after buying an additional 11,304 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. raised its position in VanEck Gold Miners ETF by 8.2% in the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 21,210 shares of the exchange traded fund’s stock worth $845,000 after buying an additional 1,604 shares during the last quarter.

VanEck Gold Miners ETF Stock Up 1.7 %

Shares of NYSEARCA GDX opened at $42.24 on Friday. The firm’s 50-day moving average price is $37.46 and its 200-day moving average price is $38.36. VanEck Gold Miners ETF has a 52-week low of $25.67 and a 52-week high of $44.22. The company has a market cap of $16.89 billion, a PE ratio of 28.03 and a beta of 0.85.

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.