Roman Butler Fullerton & Co. Makes New Investment in VanEck Gold Miners ETF $GDX

Roman Butler Fullerton & Co. bought a new position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) during the third quarter, Holdings Channel reports. The fund bought 8,056 shares of the exchange traded fund’s stock, valued at approximately $697,000.

Several other hedge funds have also modified their holdings of the stock. Bank of Nova Scotia boosted its position in shares of VanEck Gold Miners ETF by 282.0% in 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 purchasing an additional 1,987,920 shares during the period. OMERS ADMINISTRATION Corp purchased a new position in VanEck Gold Miners ETF in the 1st quarter worth about $84,873,000. Bank of America Corp DE raised its holdings in VanEck Gold Miners ETF by 11.5% during the 1st quarter. Bank of America Corp DE now owns 8,345,307 shares of the exchange traded fund’s stock worth $765,849,000 after buying an additional 858,716 shares during the period. IMC Chicago LLC raised its holdings in VanEck Gold Miners ETF by 1,264.4% during the 1st quarter. IMC Chicago LLC now owns 697,975 shares of the exchange traded fund’s stock worth $64,053,000 after buying an additional 646,817 shares during the period. Finally, New Harbor Financial Group LLC acquired a new stake in VanEck Gold Miners ETF during the 3rd quarter worth about $51,432,000.

VanEck Gold Miners ETF Trading Up 2.7%

GDX stock opened at $83.19 on Wednesday. VanEck Gold Miners ETF has a one year low of $68.20 and a one year high of $117.18. The firm has a market capitalization of $25.52 billion, a PE ratio of 21.70 and a beta of 0.68. The firm has a 50-day moving average of $92.51 and a two-hundred day moving average of $90.90.

VanEck Gold Miners ETF 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.