1,350 Shares in VanEck Gold Miners ETF (NYSEARCA:GDX) Bought by Mather Group LLC.

Mather Group LLC. bought a new position in VanEck Gold Miners ETF (NYSEARCA:GDX) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 1,350 shares of the exchange traded fund’s stock, valued at approximately $42,000.

Other hedge funds have also modified their holdings of the company. JPMorgan Chase & Co. boosted its position in shares of VanEck Gold Miners ETF by 25.4% in the third quarter. JPMorgan Chase & Co. now owns 9,477,920 shares of the exchange traded fund’s stock worth $255,051,000 after buying an additional 1,920,723 shares during the period. GLOBALT Investments LLC GA acquired a new stake in VanEck Gold Miners ETF during the fourth quarter valued at $58,686,000. Desjardins Global Asset Management Inc. boosted its position in VanEck Gold Miners ETF by 705.5% during the fourth quarter. Desjardins Global Asset Management Inc. now owns 2,038,166 shares of the exchange traded fund’s stock valued at $63,204,000 after purchasing an additional 1,785,137 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in VanEck Gold Miners ETF during the fourth quarter valued at $33,675,000. Finally, Toronto Dominion Bank boosted its position in VanEck Gold Miners ETF by 31.5% during the third quarter. Toronto Dominion Bank now owns 3,085,387 shares of the exchange traded fund’s stock valued at $83,028,000 after purchasing an additional 738,786 shares during the last quarter.

VanEck Gold Miners ETF Price Performance

Shares of NYSEARCA:GDX opened at $34.25 on Tuesday. VanEck Gold Miners ETF has a fifty-two week low of $25.62 and a fifty-two week high of $37.47. The business has a 50-day moving average of $34.50 and a two-hundred day moving average of $31.26. The stock has a market capitalization of $13.69 billion, a P/E ratio of 28.03 and a beta of 0.85.

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.