Ladenburg Thalmann Financial Services Inc. Has $9.64 Million Stock Position in VanEck Vectors Gold Miners ETF (NYSEARCA:GDX)

Ladenburg Thalmann Financial Services Inc. boosted its holdings in shares of VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) by 6.4% in the 4th quarter, Holdings Channel reports. The firm owned 329,118 shares of the exchange traded fund’s stock after buying an additional 19,918 shares during the period. Ladenburg Thalmann Financial Services Inc.’s holdings in VanEck Vectors Gold Miners ETF were worth $9,637,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the business. Orion Portfolio Solutions LLC bought a new stake in shares of VanEck Vectors Gold Miners ETF during the 4th quarter worth $6,175,000. First Republic Investment Management Inc. raised its stake in VanEck Vectors Gold Miners ETF by 1.4% during the fourth quarter. First Republic Investment Management Inc. now owns 632,588 shares of the exchange traded fund’s stock worth $18,522,000 after acquiring an additional 8,455 shares in the last quarter. Lakewood Capital Management LP acquired a new position in VanEck Vectors Gold Miners ETF during the fourth quarter worth about $866,000. Capital Wealth Alliance LLC bought a new position in shares of VanEck Vectors Gold Miners ETF in the fourth quarter worth about $3,095,000. Finally, Sullivan Bruyette Speros & Blaney LLC lifted its holdings in shares of VanEck Vectors Gold Miners ETF by 11.5% in the fourth quarter. Sullivan Bruyette Speros & Blaney LLC now owns 20,151 shares of the exchange traded fund’s stock worth $590,000 after acquiring an additional 2,074 shares during the last quarter.

Shares of VanEck Vectors Gold Miners ETF stock opened at $26.31 on Thursday. The firm’s 50 day moving average is $26.66 and its 200 day moving average is $27.50. VanEck Vectors Gold Miners ETF has a 1 year low of $16.18 and a 1 year high of $31.84.

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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Want to see what other hedge funds are holding GDX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Vectors Gold Miners ETF (NYSEARCA:GDX).

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

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