VanEck Vectors Gold Miners ETF (GDX) Stake Decreased by Baird Financial Group Inc.

Baird Financial Group Inc. lowered its position in VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) by 50.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 403,475 shares of the exchange traded fund’s stock after selling 412,444 shares during the quarter. Baird Financial Group Inc.’s holdings in VanEck Vectors Gold Miners ETF were worth $9,377,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Cumberland Advisors Inc. grew its holdings in shares of VanEck Vectors Gold Miners ETF by 5.5% in the fourth quarter. Cumberland Advisors Inc. now owns 232,265 shares of the exchange traded fund’s stock worth $5,398,000 after purchasing an additional 12,120 shares during the last quarter. Madison Investment Holdings Inc. grew its holdings in shares of VanEck Vectors Gold Miners ETF by 32.0% in the third quarter. Madison Investment Holdings Inc. now owns 307,400 shares of the exchange traded fund’s stock worth $7,058,000 after purchasing an additional 74,500 shares during the last quarter. Steward Partners Investment Advisory LLC grew its holdings in shares of VanEck Vectors Gold Miners ETF by 840.2% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 81,505 shares of the exchange traded fund’s stock worth $1,894,000 after purchasing an additional 72,836 shares during the last quarter. Evergreen Capital Management LLC grew its holdings in shares of VanEck Vectors Gold Miners ETF by 8.2% in the third quarter. Evergreen Capital Management LLC now owns 287,993 shares of the exchange traded fund’s stock worth $6,612,000 after purchasing an additional 21,873 shares during the last quarter. Finally, Tocqueville Asset Management L.P. grew its holdings in shares of VanEck Vectors Gold Miners ETF by 752.6% in the third quarter. Tocqueville Asset Management L.P. now owns 79,981 shares of the exchange traded fund’s stock worth $1,836,000 after purchasing an additional 70,600 shares during the last quarter.

VanEck Vectors Gold Miners ETF (NYSEARCA GDX) opened at $21.97 on Friday. The company has a market cap of $7,450.00 and a PE ratio of -6.84. VanEck Vectors Gold Miners ETF has a 1-year low of $20.83 and a 1-year 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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