Wellington Management Group LLP Trims Stake in VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ)

Wellington Management Group LLP trimmed its holdings in shares of VanEck Junior Gold Miners ETF (NYSEARCA:GDXJ) by 2.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 50,906 shares of the exchange traded fund’s stock after selling 1,120 shares during the quarter. Wellington Management Group LLP’s holdings in VanEck Junior Gold Miners ETF were worth $1,641,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of GDXJ. Almanack Investment Partners LLC. purchased a new position in VanEck Junior Gold Miners ETF in the 3rd quarter worth $25,000. Tower Research Capital LLC TRC increased its holdings in shares of VanEck Junior Gold Miners ETF by 653.1% in the second quarter. Tower Research Capital LLC TRC now owns 723 shares of the exchange traded fund’s stock worth $26,000 after buying an additional 627 shares during the period. Trust Co. of Vermont bought a new stake in shares of VanEck Junior Gold Miners ETF in the 3rd quarter valued at about $32,000. Signaturefd LLC purchased a new stake in VanEck Junior Gold Miners ETF during the 3rd quarter valued at about $40,000. Finally, Bartlett & Co. LLC bought a new position in VanEck Junior Gold Miners ETF during the 3rd quarter worth approximately $45,000.

VanEck Junior Gold Miners ETF Stock Performance

Shares of GDXJ stock opened at $38.72 on Friday. The company has a market capitalization of $4.15 billion, a P/E ratio of 10.96 and a beta of 1.06. VanEck Junior Gold Miners ETF has a fifty-two week low of $30.46 and a fifty-two week high of $43.89. The stock has a 50 day moving average price of $34.31 and a two-hundred day moving average price of $34.89.

VanEck Junior Gold Miners ETF Profile

Market Vectors Junior Gold Miners ETF (the Fund) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors Junior Gold Miners Index (the Index). The Index provides exposure to a global universe of publicly traded small- and medium-capitalization companies that generate at least 50% of their revenues from gold and/or silver mining, hold real property that has the potential to produce at least 50% of the Company’s revenue from gold or silver mining when developed, or primarily invest in gold or silver.