NBC Securities Inc. grew its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX – Free Report) by 7.9% in the 1st quarter, Holdings Channel reports. The institutional investor owned 15,016 shares of the exchange traded fund’s stock after buying an additional 1,093 shares during the quarter. NBC Securities Inc.’s holdings in VanEck Gold Miners ETF were worth $474,000 at the end of the most recent reporting period.
Other hedge funds have also modified their holdings of the company. Headlands Technologies LLC acquired a new stake in shares of VanEck Gold Miners ETF in the 4th quarter valued at approximately $26,000. Atlantic Edge Private Wealth Management LLC acquired a new stake in shares of VanEck Gold Miners ETF in the 4th quarter valued at approximately $32,000. Family Asset Management LLC purchased a new position in VanEck Gold Miners ETF in the 4th quarter valued at approximately $38,000. Quintet Private Bank Europe S.A. purchased a new position in VanEck Gold Miners ETF in the 4th quarter valued at approximately $47,000. Finally, Register Financial Advisors LLC increased its stake in VanEck Gold Miners ETF by 58.5% in the 4th quarter. Register Financial Advisors LLC now owns 1,697 shares of the exchange traded fund’s stock valued at $53,000 after purchasing an additional 626 shares in the last quarter.
VanEck Gold Miners ETF Price Performance
NYSEARCA GDX opened at $34.55 on Friday. VanEck Gold Miners ETF has a 1-year low of $25.62 and a 1-year high of $37.47. The company has a market capitalization of $13.81 billion, a P/E ratio of 28.03 and a beta of 0.85. The business has a 50 day moving average price of $34.48 and a 200 day moving average price of $31.18.
VanEck Gold Miners ETF 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.
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Want to see what other hedge funds are holding GDX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Gold Miners ETF (NYSEARCA:GDX – Free Report).
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