VanEck Gold Miners ETF $GDX Holdings Raised by Versant Capital Management Inc

Versant Capital Management Inc boosted its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 5.4% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 281,661 shares of the exchange traded fund’s stock after purchasing an additional 14,394 shares during the period. VanEck Gold Miners ETF makes up approximately 1.9% of Versant Capital Management Inc’s portfolio, making the stock its 8th biggest holding. Versant Capital Management Inc owned 0.09% of VanEck Gold Miners ETF worth $21,251,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Morgan Stanley lifted its holdings in shares of VanEck Gold Miners ETF by 0.7% in the 4th quarter. Morgan Stanley now owns 12,876,546 shares of the exchange traded fund’s stock valued at $1,104,421,000 after buying an additional 90,514 shares during the period. Bank of America Corp DE boosted its stake in shares of VanEck Gold Miners ETF by 11.5% in the first 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 last quarter. Rafferty Asset Management LLC grew its holdings in VanEck Gold Miners ETF by 8.2% during the fourth quarter. Rafferty Asset Management LLC now owns 7,053,592 shares of the exchange traded fund’s stock worth $604,987,000 after acquiring an additional 534,856 shares during the period. Bank of Nova Scotia grew its holdings in VanEck Gold Miners ETF by 282.0% during the first quarter. Bank of Nova Scotia now owns 2,692,956 shares of the exchange traded fund’s stock worth $247,133,000 after acquiring an additional 1,987,920 shares during the period. Finally, Caisse de depot et placement du Quebec purchased a new position in VanEck Gold Miners ETF during the fourth quarter valued at approximately $218,971,000.

VanEck Gold Miners ETF Trading Up 2.6%

Shares of NYSEARCA:GDX opened at $76.05 on Tuesday. VanEck Gold Miners ETF has a 12-month low of $53.16 and a 12-month high of $117.18. The company has a market capitalization of $23.20 billion, a PE ratio of 21.70 and a beta of 0.65. The business has a 50 day moving average of $78.43 and a two-hundred day moving average of $90.45.

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.