One Plus One Wealth Management LLC Reduces Position in VanEck Gold Miners ETF $GDX

One Plus One Wealth Management LLC trimmed its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 3.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 36,613 shares of the exchange traded fund’s stock after selling 1,277 shares during the quarter. VanEck Gold Miners ETF makes up approximately 1.0% of One Plus One Wealth Management LLC’s portfolio, making the stock its 28th biggest holding. One Plus One Wealth Management LLC’s holdings in VanEck Gold Miners ETF were worth $1,906,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of GDX. Banco Bilbao Vizcaya Argentaria S.A. grew its holdings in shares of VanEck Gold Miners ETF by 7,098.1% in the first quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 2,080,392 shares of the exchange traded fund’s stock worth $94,731,000 after purchasing an additional 2,051,490 shares during the last quarter. OVERSEA CHINESE BANKING Corp Ltd grew its holdings in shares of VanEck Gold Miners ETF by 3,010.4% in the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,938,221 shares of the exchange traded fund’s stock worth $89,100,000 after purchasing an additional 1,875,906 shares during the last quarter. National Bank of Canada FI grew its holdings in shares of VanEck Gold Miners ETF by 8,656.1% in the first quarter. National Bank of Canada FI now owns 1,376,192 shares of the exchange traded fund’s stock worth $63,264,000 after purchasing an additional 1,360,475 shares during the last quarter. CSM Advisors LLC bought a new position in shares of VanEck Gold Miners ETF in the first quarter worth approximately $36,656,000. Finally, Banque Transatlantique SA purchased a new stake in VanEck Gold Miners ETF in the first quarter worth $25,011,000.

VanEck Gold Miners ETF Stock Up 2.1%

Shares of GDX stock opened at $74.68 on Friday. The stock has a fifty day moving average of $61.79 and a 200 day moving average of $53.52. VanEck Gold Miners ETF has a 52 week low of $33.42 and a 52 week high of $75.28. The firm has a market capitalization of $21.86 billion, a price-to-earnings ratio of 21.70 and a beta of 0.77.

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.