CIBC Asset Management Inc decreased its position in shares of Market Vectors Gold Miners ETF (NYSE:GDX) by 28.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 75,053 shares of the exchange traded fund’s stock after selling 30,151 shares during the period. CIBC Asset Management Inc’s holdings in Market Vectors Gold Miners ETF were worth $1,657,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in GDX. Vontobel Swiss Wealth Advisors AG bought a new stake in shares of Market Vectors Gold Miners ETF during the second quarter worth $432,000. Puplava Financial Services Inc. raised its stake in shares of Market Vectors Gold Miners ETF by 38.6% in the second quarter. Puplava Financial Services Inc. now owns 39,561 shares of the exchange traded fund’s stock worth $874,000 after buying an additional 11,010 shares in the last quarter. E&G Advisors LP raised its stake in shares of Market Vectors Gold Miners ETF by 5.9% in the second quarter. E&G Advisors LP now owns 55,850 shares of the exchange traded fund’s stock worth $1,233,000 after buying an additional 3,100 shares in the last quarter. Hanson & Doremus Investment Management raised its stake in shares of Market Vectors Gold Miners ETF by 11.7% in the second quarter. Hanson & Doremus Investment Management now owns 59,843 shares of the exchange traded fund’s stock worth $1,321,000 after buying an additional 6,255 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its stake in shares of Market Vectors Gold Miners ETF by 9.3% in the second quarter. Janney Montgomery Scott LLC now owns 68,231 shares of the exchange traded fund’s stock worth $1,507,000 after buying an additional 5,792 shares in the last quarter.

Shares of Market Vectors Gold Miners ETF (NYSE:GDX) opened at 22.60 on Thursday. Market Vectors Gold Miners ETF has a 52 week low of $18.58 and a 52 week high of $31.79. The firm’s 50-day moving average is $22.19 and its 200-day moving average is $22.87.

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Market Vectors Gold Miners ETF Company Profile

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Institutional Ownership by Quarter for Market Vectors Gold Miners ETF (NYSE:GDX)

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