Neville Rodie & Shaw Inc. lowered its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX – Free Report) by 9.3% during the third quarter, Holdings Channel reports. The institutional investor owned 58,672 shares of the exchange traded fund’s stock after selling 6,025 shares during the quarter. Neville Rodie & Shaw Inc.’s holdings in VanEck Gold Miners ETF were worth $5,151,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also made changes to their positions in GDX. Avalon Trust Co acquired a new position in VanEck Gold Miners ETF during the first quarter worth $26,000. Princeton Global Asset Management LLC acquired a new stake in shares of VanEck Gold Miners ETF during the first quarter worth approximately $27,000. Bayban acquired a new position in shares of VanEck Gold Miners ETF in the 4th quarter worth approximately $27,000. Hickory Point Bank & Trust acquired a new stake in VanEck Gold Miners ETF during the 3rd quarter valued at $30,000. Finally, Evolution Wealth Management Inc. bought a new stake in shares of VanEck Gold Miners ETF during the first quarter worth $33,000.
VanEck Gold Miners ETF Stock Down 0.6%
NYSEARCA:GDX traded down $0.57 during trading hours on Monday, hitting $87.21. 7,276,767 shares of the stock were exchanged, compared to its average volume of 24,609,215. The company has a market capitalization of $26.08 billion, a P/E ratio of 21.70 and a beta of 0.68. The company’s 50 day moving average is $91.92 and its two-hundred day moving average is $87.71. VanEck Gold Miners ETF has a twelve month low of $68.13 and a twelve month high of $117.18.
VanEck Gold Miners ETF Company Profile
The Fund seeks to match as closely as possible the price and yield performance of the MarketVector Global 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.
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