Sterling Investment Advisors Ltd. Sells 14,866 Shares of VanEck Gold Miners ETF $GDX

Sterling Investment Advisors Ltd. decreased its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 9.0% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 149,888 shares of the exchange traded fund’s stock after selling 14,866 shares during the period. VanEck Gold Miners ETF comprises approximately 2.2% of Sterling Investment Advisors Ltd.’s portfolio, making the stock its 7th biggest holding. Sterling Investment Advisors Ltd.’s holdings in VanEck Gold Miners ETF were worth $12,856,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of GDX. AQR Capital Management LLC grew its holdings in VanEck Gold Miners ETF by 106.2% in the first quarter. AQR Capital Management LLC now owns 24,088 shares of the exchange traded fund’s stock valued at $1,107,000 after purchasing an additional 12,408 shares during the last quarter. Invesco Ltd. acquired a new stake in VanEck Gold Miners ETF in the second quarter valued at $31,236,000. Natixis grew its holdings in VanEck Gold Miners ETF by 196.1% in the second quarter. Natixis now owns 26,748 shares of the exchange traded fund’s stock valued at $1,393,000 after purchasing an additional 17,716 shares during the last quarter. Qube Research & Technologies Ltd grew its holdings in VanEck Gold Miners ETF by 194.3% in the second quarter. Qube Research & Technologies Ltd now owns 36,387 shares of the exchange traded fund’s stock valued at $1,894,000 after purchasing an additional 24,022 shares during the last quarter. Finally, Quantinno Capital Management LP acquired a new stake in VanEck Gold Miners ETF in the second quarter valued at $846,000.

VanEck Gold Miners ETF Stock Performance

VanEck Gold Miners ETF stock opened at $85.02 on Tuesday. The firm has a market capitalization of $26.19 billion, a price-to-earnings ratio of 21.70 and a beta of 0.61. VanEck Gold Miners ETF has a fifty-two week low of $49.34 and a fifty-two week high of $117.18. The stock’s fifty day moving average is $91.52 and its two-hundred day moving average is $92.11.

About VanEck Gold Miners ETF

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.