Vontobel Holding Ltd. Has $1.45 Million Stake in VanEck Gold Miners ETF (NYSEARCA:GDX)

Vontobel Holding Ltd. trimmed its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 17.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 46,633 shares of the exchange traded fund’s stock after selling 9,565 shares during the period. Vontobel Holding Ltd.’s holdings in VanEck Gold Miners ETF were worth $1,446,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. JPMorgan Chase & Co. grew its position in VanEck Gold Miners ETF by 47.1% in the first quarter. JPMorgan Chase & Co. now owns 11,715,047 shares of the exchange traded fund’s stock valued at $378,982,000 after purchasing an additional 3,748,454 shares in the last quarter. Morgan Stanley grew its position in VanEck Gold Miners ETF by 4.3% in the third quarter. Morgan Stanley now owns 11,073,715 shares of the exchange traded fund’s stock valued at $297,994,000 after purchasing an additional 460,687 shares in the last quarter. Rafferty Asset Management LLC grew its position in VanEck Gold Miners ETF by 6.5% in the third quarter. Rafferty Asset Management LLC now owns 8,108,154 shares of the exchange traded fund’s stock valued at $218,190,000 after purchasing an additional 493,627 shares in the last quarter. Toronto Dominion Bank grew its position in VanEck Gold Miners ETF by 31.5% in the third quarter. Toronto Dominion Bank now owns 3,085,387 shares of the exchange traded fund’s stock valued at $83,028,000 after purchasing an additional 738,786 shares in the last quarter. Finally, Jane Street Group LLC grew its position in VanEck Gold Miners ETF by 17.0% in the first quarter. Jane Street Group LLC now owns 2,281,664 shares of the exchange traded fund’s stock valued at $73,812,000 after purchasing an additional 332,069 shares in the last quarter.

VanEck Gold Miners ETF Trading Up 0.9 %

VanEck Gold Miners ETF stock opened at $34.07 on Friday. The company has a fifty day simple moving average of $29.96 and a 200 day simple moving average of $29.40. VanEck Gold Miners ETF has a 1-year low of $25.62 and a 1-year high of $36.26. The company has a market cap of $14.24 billion, a P/E ratio of 28.20 and a beta of 0.81.

VanEck 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.