Vontobel Holding Ltd. Has $1.45 Million Stake in VanEck Gold Miners ETF (NYSEARCA:GDX)

Vontobel Holding Ltd. decreased its position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 17.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 46,633 shares of the exchange traded fund’s stock after selling 9,565 shares during the period. Vontobel Holding Ltd.’s holdings in VanEck Gold Miners ETF were worth $1,446,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. City Holding Co. lifted its position in VanEck Gold Miners ETF by 0.9% during the 4th quarter. City Holding Co. now owns 42,395 shares of the exchange traded fund’s stock worth $1,314,000 after acquiring an additional 384 shares during the last quarter. Concourse Financial Group Securities Inc. lifted its position in VanEck Gold Miners ETF by 5.6% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 7,225 shares of the exchange traded fund’s stock worth $194,000 after acquiring an additional 385 shares during the last quarter. Cornerstone Wealth Management LLC raised its position in shares of VanEck Gold Miners ETF by 2.3% during the fourth quarter. Cornerstone Wealth Management LLC now owns 17,319 shares of the exchange traded fund’s stock valued at $537,000 after buying an additional 391 shares during the last quarter. Kercheville Advisors LLC raised its position in shares of VanEck Gold Miners ETF by 0.3% during the fourth quarter. Kercheville Advisors LLC now owns 150,910 shares of the exchange traded fund’s stock valued at $4,680,000 after buying an additional 404 shares during the last quarter. Finally, Highlander Capital Management LLC raised its position in shares of VanEck Gold Miners ETF by 3.3% during the fourth quarter. Highlander Capital Management LLC now owns 12,598 shares of the exchange traded fund’s stock valued at $361,000 after buying an additional 405 shares during the last quarter.

VanEck Gold Miners ETF Stock Performance

Shares of GDX opened at $34.07 on Friday. The company has a 50-day simple moving average of $29.96 and a 200-day simple moving average of $29.40. The firm has a market capitalization of $14.24 billion, a P/E ratio of 28.20 and a beta of 0.81. VanEck Gold Miners ETF has a 52 week low of $25.62 and a 52 week high of $36.26.

VanEck Gold Miners ETF Company 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.