VanEck Gold Miners ETF $GDX Shares Sold by Associated Banc Corp

Associated Banc Corp cut its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 7.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 161,789 shares of the exchange traded fund’s stock after selling 13,518 shares during the quarter. Associated Banc Corp owned 0.05% of VanEck Gold Miners ETF worth $12,361,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of GDX. AQR Capital Management LLC lifted its stake in shares of VanEck Gold Miners ETF by 106.2% in the 1st quarter. AQR Capital Management LLC now owns 24,088 shares of the exchange traded fund’s stock worth $1,107,000 after acquiring an additional 12,408 shares during the period. Integrity Alliance LLC. purchased a new position in VanEck Gold Miners ETF during the first quarter worth about $254,000. Harbor Investment Advisory LLC lifted its position in VanEck Gold Miners ETF by 6.6% in the second quarter. Harbor Investment Advisory LLC now owns 10,487 shares of the exchange traded fund’s stock valued at $546,000 after purchasing an additional 650 shares during the period. HBW Advisory Services LLC boosted its holdings in VanEck Gold Miners ETF by 21.4% in the 2nd quarter. HBW Advisory Services LLC now owns 12,520 shares of the exchange traded fund’s stock valued at $652,000 after purchasing an additional 2,209 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. increased its position in VanEck Gold Miners ETF by 14.1% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,854 shares of the exchange traded fund’s stock worth $253,000 after purchasing an additional 599 shares during the period.

VanEck Gold Miners ETF Trading Up 1.1%

Shares of GDX stock opened at $92.56 on Friday. The stock has a 50 day simple moving average of $82.09 and a 200-day simple moving average of $70.15. The company has a market cap of $27.74 billion, a price-to-earnings ratio of 21.70 and a beta of 0.55. VanEck Gold Miners ETF has a 12-month low of $35.10 and a 12-month high of $93.17.

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.