Oppenheimer & Co. Inc. Raises Holdings in VanEck Gold Miners ETF (NYSEARCA:GDX)

Oppenheimer & Co. Inc. boosted its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 2.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 65,910 shares of the exchange traded fund’s stock after acquiring an additional 1,468 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in VanEck Gold Miners ETF were worth $2,625,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Capital Investment Advisors LLC increased its stake in shares of VanEck Gold Miners ETF by 9.8% in the 2nd quarter. Capital Investment Advisors LLC now owns 17,668 shares of the exchange traded fund’s stock valued at $599,000 after purchasing an additional 1,580 shares in the last quarter. US Bancorp DE grew its holdings in VanEck Gold Miners ETF by 4.9% in the 1st quarter. US Bancorp DE now owns 13,933 shares of the exchange traded fund’s stock valued at $441,000 after buying an additional 649 shares in the last quarter. LRI Investments LLC acquired a new stake in VanEck Gold Miners ETF during the first quarter worth about $31,000. Clearbridge Investments LLC increased its holdings in shares of VanEck Gold Miners ETF by 9.4% during the 1st quarter. Clearbridge Investments LLC now owns 17,400 shares of the exchange traded fund’s stock worth $550,000 after buying an additional 1,500 shares during the last quarter. Finally, Cornerstone Wealth Management LLC raised its position in VanEck Gold Miners ETF by 2.7% in the second quarter. Cornerstone Wealth Management LLC now owns 17,168 shares of the exchange traded fund’s stock valued at $583,000 after purchasing an additional 454 shares during the period.

VanEck Gold Miners ETF Stock Down 0.6 %

Shares of NYSEARCA GDX opened at $35.51 on Friday. The business’s 50 day moving average is $39.87 and its two-hundred day moving average is $37.39. VanEck Gold Miners ETF has a 52-week low of $25.67 and a 52-week high of $44.22. The firm has a market cap of $14.20 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85.

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.