Banque Cantonale Vaudoise Makes New $92,000 Investment in VanEck Gold Miners ETF (NYSEARCA:GDX)

Banque Cantonale Vaudoise purchased a new stake in VanEck Gold Miners ETF (NYSEARCA:GDX) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,989 shares of the exchange traded fund’s stock, valued at approximately $92,000.

Other hedge funds have also made changes to their positions in the company. Hurley Capital LLC acquired a new position in VanEck Gold Miners ETF during the 1st quarter valued at $26,000. Fielder Capital Group LLC raised its position in VanEck Gold Miners ETF by 65.6% in the 1st quarter. Fielder Capital Group LLC now owns 290,861 shares of the exchange traded fund’s stock valued at $13,371,000 after purchasing an additional 115,230 shares during the last quarter. KFA Private Wealth Group LLC bought a new position in VanEck Gold Miners ETF in the 1st quarter valued at $221,000. Avalon Capital Management boosted its position in VanEck Gold Miners ETF by 111.7% in the 1st quarter. Avalon Capital Management now owns 423,016 shares of the exchange traded fund’s stock valued at $19,446,000 after buying an additional 223,218 shares during the last quarter. Finally, Werba Rubin Papier Wealth Management bought a new position in VanEck Gold Miners ETF in the 1st quarter valued at $214,000.

VanEck Gold Miners ETF Stock Performance

Shares of GDX opened at $52.45 on Monday. The business’s fifty day moving average price is $52.32 and its two-hundred day moving average price is $47.02. The firm has a market capitalization of $15.35 billion, a price-to-earnings ratio of 21.70 and a beta of 0.77. VanEck Gold Miners ETF has a 52 week low of $33.42 and a 52 week high of $54.78.

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.