VanEck Gold Miners ETF $GDX is Vanderbilt University’s 5th Largest Position

Vanderbilt University cut its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 25.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 814,005 shares of the exchange traded fund’s stock after selling 284,300 shares during the quarter. VanEck Gold Miners ETF accounts for about 8.0% of Vanderbilt University’s portfolio, making the stock its 5th biggest position. Vanderbilt University owned approximately 0.27% of VanEck Gold Miners ETF worth $42,377,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Banco Bilbao Vizcaya Argentaria S.A. increased its position in shares of VanEck Gold Miners ETF by 7,098.1% during the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 2,080,392 shares of the exchange traded fund’s stock valued at $94,731,000 after acquiring an additional 2,051,490 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd increased its position in shares of VanEck Gold Miners ETF by 3,010.4% during the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,938,221 shares of the exchange traded fund’s stock valued at $89,100,000 after acquiring an additional 1,875,906 shares during the last quarter. National Bank of Canada FI increased its position in shares of VanEck Gold Miners ETF by 8,656.1% during the first quarter. National Bank of Canada FI now owns 1,376,192 shares of the exchange traded fund’s stock valued at $63,264,000 after acquiring an additional 1,360,475 shares during the last quarter. CSM Advisors LLC purchased a new stake in shares of VanEck Gold Miners ETF during the first quarter valued at approximately $36,656,000. Finally, Banque Transatlantique SA purchased a new stake in shares of VanEck Gold Miners ETF during the first quarter valued at approximately $25,011,000.

VanEck Gold Miners ETF Trading Down 0.0%

Shares of GDX opened at $77.10 on Friday. The company has a market capitalization of $22.45 billion, a price-to-earnings ratio of 21.70 and a beta of 0.77. The stock has a 50 day moving average of $63.63 and a 200 day moving average of $54.43. VanEck Gold Miners ETF has a 12 month low of $33.42 and a 12 month high of $78.32.

About VanEck Gold Miners ETF

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.