Hilltop Holdings Inc. trimmed its holdings in shares of VanEck Gold Miners ETF (NYSEARCA:GDX – Free Report) by 84.8% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,424 shares of the exchange traded fund’s stock after selling 52,614 shares during the period. Hilltop Holdings Inc.’s holdings in VanEck Gold Miners ETF were worth $865,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also recently bought and sold shares of the business. Morgan Stanley increased its holdings in shares of VanEck Gold Miners ETF by 0.7% in the 4th quarter. Morgan Stanley now owns 12,876,546 shares of the exchange traded fund’s stock valued at $1,104,421,000 after purchasing an additional 90,514 shares during the period. Rafferty Asset Management LLC lifted its position in shares of VanEck Gold Miners ETF by 8.2% in the fourth quarter. Rafferty Asset Management LLC now owns 7,053,592 shares of the exchange traded fund’s stock worth $604,987,000 after purchasing an additional 534,856 shares in the last quarter. Bank of Nova Scotia boosted its holdings in shares of VanEck Gold Miners ETF by 282.0% during the first quarter. Bank of Nova Scotia now owns 2,692,956 shares of the exchange traded fund’s stock worth $247,133,000 after purchasing an additional 1,987,920 shares during the period. Caisse de depot et placement du Quebec acquired a new stake in shares of VanEck Gold Miners ETF during the fourth quarter worth approximately $218,971,000. Finally, M&T Bank Corp boosted its holdings in shares of VanEck Gold Miners ETF by 7,491.6% during the fourth quarter. M&T Bank Corp now owns 2,025,428 shares of the exchange traded fund’s stock worth $173,721,000 after purchasing an additional 1,998,748 shares during the period.
VanEck Gold Miners ETF Stock Performance
Shares of GDX opened at $75.23 on Monday. The company has a market capitalization of $23.01 billion, a PE ratio of 21.70 and a beta of 0.65. The company’s 50 day moving average price is $79.68 and its 200 day moving average price is $91.21. VanEck Gold Miners ETF has a 52 week low of $51.37 and a 52 week high of $117.18.
VanEck Gold Miners ETF 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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