Quattro Financial Advisors LLC decreased its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX – Free Report) by 84.8% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 3,200 shares of the exchange traded fund’s stock after selling 17,869 shares during the quarter. Quattro Financial Advisors LLC’s holdings in VanEck Gold Miners ETF were worth $281,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors also recently added to or reduced their stakes in the company. Bank of America Corp DE increased its holdings in VanEck Gold Miners ETF by 11.5% during the first quarter. Bank of America Corp DE now owns 8,345,307 shares of the exchange traded fund’s stock valued at $765,849,000 after buying an additional 858,716 shares during the last quarter. Bank of Nova Scotia grew its position in shares of VanEck Gold Miners ETF by 282.0% during the 1st quarter. Bank of Nova Scotia now owns 2,692,956 shares of the exchange traded fund’s stock valued at $247,133,000 after acquiring an additional 1,987,920 shares during the period. Meitav Investment House Ltd. grew its position in shares of VanEck Gold Miners ETF by 68.6% during the 1st quarter. Meitav Investment House Ltd. now owns 1,211,200 shares of the exchange traded fund’s stock valued at $111,152,000 after acquiring an additional 493,000 shares during the period. Rockefeller Capital Management L.P. grew its position in shares of VanEck Gold Miners ETF by 17.4% during the 4th quarter. Rockefeller Capital Management L.P. now owns 967,226 shares of the exchange traded fund’s stock valued at $82,959,000 after acquiring an additional 143,046 shares during the period. Finally, OMERS ADMINISTRATION Corp purchased a new stake in shares of VanEck Gold Miners ETF in the 1st quarter worth $84,873,000.
VanEck Gold Miners ETF Price Performance
NYSEARCA:GDX opened at $87.02 on Friday. The firm has a market capitalization of $26.21 billion, a price-to-earnings ratio of 21.70 and a beta of 0.68. VanEck Gold Miners ETF has a one year low of $68.13 and a one year high of $117.18. The business has a fifty day moving average price of $93.67 and a 200-day moving average price of $87.83.
VanEck Gold Miners ETF Company Profile
The Fund seeks to match as closely as possible the price and yield performance of the MarketVector Global 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.
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