VanEck Gold Miners ETF (NYSEARCA:GDX) Stock Position Decreased by Whittier Trust Co.

Whittier Trust Co. decreased its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 43.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 6,759 shares of the exchange traded fund’s stock after selling 5,270 shares during the period. Whittier Trust Co.’s holdings in VanEck Gold Miners ETF were worth $229,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in GDX. Pathstone Holdings LLC increased its holdings in shares of VanEck Gold Miners ETF by 2.2% during the 3rd quarter. Pathstone Holdings LLC now owns 40,563 shares of the exchange traded fund’s stock valued at $1,615,000 after acquiring an additional 889 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of VanEck Gold Miners ETF by 3.0% during the 3rd quarter. PNC Financial Services Group Inc. now owns 41,848 shares of the exchange traded fund’s stock valued at $1,666,000 after acquiring an additional 1,235 shares during the last quarter. King Luther Capital Management Corp acquired a new position in shares of VanEck Gold Miners ETF during the 3rd quarter valued at about $398,000. Great Valley Advisor Group Inc. acquired a new stake in VanEck Gold Miners ETF in the 3rd quarter valued at approximately $225,000. Finally, Cerity Partners LLC grew its holdings in VanEck Gold Miners ETF by 51.4% in the 3rd quarter. Cerity Partners LLC now owns 67,626 shares of the exchange traded fund’s stock valued at $2,693,000 after buying an additional 22,973 shares during the last quarter.

VanEck Gold Miners ETF Stock Down 1.5 %

GDX opened at $44.50 on Monday. The firm has a market capitalization of $14.75 billion, a P/E ratio of 20.34 and a beta of 0.95. The stock’s 50 day moving average price is $40.42 and its two-hundred day moving average price is $39.00. VanEck Gold Miners ETF has a 12-month low of $29.82 and a 12-month high of $45.65.

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.