Vanderbilt University Has $53.26 Million Stake in VanEck Gold Miners ETF $GDX

Vanderbilt University trimmed its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 29.2% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 580,400 shares of the exchange traded fund’s stock after selling 239,395 shares during the quarter. VanEck Gold Miners ETF accounts for approximately 10.1% of Vanderbilt University’s investment portfolio, making the stock its 5th largest position. Vanderbilt University owned 0.19% of VanEck Gold Miners ETF worth $53,263,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of GDX. Eukles Asset Management purchased a new stake in shares of VanEck Gold Miners ETF in the fourth quarter valued at $27,000. Bayban bought a new stake in shares of VanEck Gold Miners ETF in the 4th quarter worth about $27,000. Morton Brown Family Wealth LLC purchased a new position in shares of VanEck Gold Miners ETF during the 4th quarter worth about $36,000. Family Management Corp purchased a new position in shares of VanEck Gold Miners ETF during the 3rd quarter worth about $38,000. Finally, Hantz Financial Services Inc. grew its holdings in VanEck Gold Miners ETF by 298.2% during the 4th quarter. Hantz Financial Services Inc. now owns 450 shares of the exchange traded fund’s stock valued at $39,000 after purchasing an additional 337 shares during the last quarter.

VanEck Gold Miners ETF Price Performance

VanEck Gold Miners ETF stock opened at $74.59 on Thursday. VanEck Gold Miners ETF has a 1-year low of $50.32 and a 1-year high of $117.18. The firm has a market capitalization of $22.98 billion, a P/E ratio of 21.70 and a beta of 0.60. The company’s 50-day moving average is $87.89 and its 200 day moving average is $92.93.

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.