Private Advisor Group LLC Reduces Stake in VanEck Vectors Gold Miners ETF (GDX)

Private Advisor Group LLC cut its position in VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) by 33.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 71,097 shares of the exchange traded fund’s stock after selling 35,477 shares during the quarter. Private Advisor Group LLC’s holdings in VanEck Vectors Gold Miners ETF were worth $1,665,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Advantage Investment Management LLC grew its stake in shares of VanEck Vectors Gold Miners ETF by 581.3% in the third quarter. Advantage Investment Management LLC now owns 6,527 shares of the exchange traded fund’s stock valued at $150,000 after buying an additional 5,569 shares in the last quarter. Steward Partners Investment Advisory LLC acquired a new stake in shares of VanEck Vectors Gold Miners ETF in the third quarter valued at $199,000. Northside Capital Management LLC purchased a new position in VanEck Vectors Gold Miners ETF in the third quarter valued at $202,000. Timber Hill LLC purchased a new position in VanEck Vectors Gold Miners ETF in the third quarter valued at $204,000. Finally, DORCHESTER WEALTH MANAGEMENT Co purchased a new position in VanEck Vectors Gold Miners ETF in the third quarter valued at $214,000.

VanEck Vectors Gold Miners ETF (NYSEARCA GDX) opened at $22.51 on Friday. The stock has a market capitalization of $7,330.00 and a price-to-earnings ratio of -7.01. VanEck Vectors Gold Miners ETF has a fifty-two week low of $20.83 and a fifty-two week high of $25.58.

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VanEck Vectors 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.

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Institutional Ownership by Quarter for VanEck Vectors Gold Miners ETF (NYSEARCA:GDX)

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