Daiwa Securities Group Inc. Buys 8,300 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Daiwa Securities Group Inc. boosted its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 71.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 19,900 shares of the exchange traded fund’s stock after purchasing an additional 8,300 shares during the period. Daiwa Securities Group Inc.’s holdings in VanEck Gold Miners ETF were worth $675,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in GDX. Eastern Bank purchased a new position in shares of VanEck Gold Miners ETF during the 4th quarter worth $25,000. Financial Connections Group Inc. purchased a new position in shares of VanEck Gold Miners ETF during the 4th quarter worth $25,000. Roxbury Financial LLC purchased a new position in shares of VanEck Gold Miners ETF during the 4th quarter worth $25,000. Rothschild Investment LLC boosted its stake in shares of VanEck Gold Miners ETF by 100.0% during the 4th quarter. Rothschild Investment LLC now owns 1,000 shares of the exchange traded fund’s stock worth $34,000 after acquiring an additional 500 shares during the last quarter. Finally, Aptus Capital Advisors LLC boosted its stake in shares of VanEck Gold Miners ETF by 53.0% during the 3rd quarter. Aptus Capital Advisors LLC now owns 950 shares of the exchange traded fund’s stock worth $38,000 after acquiring an additional 329 shares during the last quarter.

VanEck Gold Miners ETF Price Performance

Shares of VanEck Gold Miners ETF stock opened at $43.64 on Friday. VanEck Gold Miners ETF has a 1-year low of $28.91 and a 1-year high of $44.22. The company’s fifty day simple moving average is $39.48 and its 200-day simple moving average is $38.75. The stock has a market capitalization of $14.46 billion, a PE ratio of 20.34 and a beta of 0.95.

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.