VanEck Gold Miners ETF (NYSEARCA:GDX) Shares Sold by Peregrine Asset Advisers Inc.

Peregrine Asset Advisers Inc. decreased its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 5.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,009 shares of the exchange traded fund’s stock after selling 453 shares during the quarter. Peregrine Asset Advisers Inc.’s holdings in VanEck Gold Miners ETF were worth $248,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in GDX. WESPAC Advisors LLC raised its holdings in VanEck Gold Miners ETF by 8.0% in the third quarter. WESPAC Advisors LLC now owns 45,033 shares of the exchange traded fund’s stock valued at $1,212,000 after acquiring an additional 3,331 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its stake in VanEck Gold Miners ETF by 4.5% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 41,800 shares of the exchange traded fund’s stock valued at $1,125,000 after purchasing an additional 1,800 shares during the last quarter. NBT Bank N A NY purchased a new position in VanEck Gold Miners ETF in the third quarter valued at approximately $2,543,000. Park Avenue Securities LLC purchased a new position in VanEck Gold Miners ETF in the third quarter valued at approximately $310,000. Finally, Joule Financial LLC increased its stake in VanEck Gold Miners ETF by 224.3% in the third quarter. Joule Financial LLC now owns 30,661 shares of the exchange traded fund’s stock valued at $825,000 after purchasing an additional 21,206 shares during the last quarter.

VanEck Gold Miners ETF Stock Up 2.3 %

VanEck Gold Miners ETF stock traded up $0.78 during mid-day trading on Monday, hitting $34.22. The company had a trading volume of 21,575,956 shares, compared to its average volume of 26,214,010. The stock has a market cap of $13.68 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85. VanEck Gold Miners ETF has a 1 year low of $25.62 and a 1 year high of $35.81. The business has a fifty day moving average of $31.35 and a 200 day moving average of $29.83.

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.