VanEck Gold Miners ETF $GDX Holdings Cut by Park Avenue Securities LLC

Park Avenue Securities LLC decreased its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 13.6% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,187 shares of the exchange traded fund’s stock after selling 2,235 shares during the quarter. Park Avenue Securities LLC’s holdings in VanEck Gold Miners ETF were worth $739,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. LPL Financial LLC raised its holdings in shares of VanEck Gold Miners ETF by 2.3% during the 1st quarter. LPL Financial LLC now owns 3,594,251 shares of the exchange traded fund’s stock valued at $165,228,000 after purchasing an additional 80,785 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. raised its holdings in shares of VanEck Gold Miners ETF by 7,098.1% during the 1st quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 2,080,392 shares of the exchange traded fund’s stock valued at $94,731,000 after purchasing an additional 2,051,490 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd raised its holdings in shares of VanEck Gold Miners ETF by 3,010.4% during the 1st quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,938,221 shares of the exchange traded fund’s stock valued at $89,100,000 after purchasing an additional 1,875,906 shares in the last quarter. National Bank of Canada FI raised its holdings in shares of VanEck Gold Miners ETF by 8,656.1% during the 1st quarter. National Bank of Canada FI now owns 1,376,192 shares of the exchange traded fund’s stock valued at $63,264,000 after purchasing an additional 1,360,475 shares in the last quarter. Finally, New Harbor Financial Group LLC raised its holdings in shares of VanEck Gold Miners ETF by 51.9% during the 1st quarter. New Harbor Financial Group LLC now owns 1,155,787 shares of the exchange traded fund’s stock valued at $53,132,000 after purchasing an additional 394,744 shares in the last quarter.

VanEck Gold Miners ETF Price Performance

Shares of GDX opened at $74.68 on Friday. The company has a market capitalization of $21.86 billion, a PE ratio of 21.70 and a beta of 0.77. VanEck Gold Miners ETF has a one year low of $33.42 and a one year high of $75.28. The company’s fifty day moving average price is $61.79 and its 200 day moving average price is $53.60.

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.