VanEck Gold Miners ETF (NYSEARCA:GDX) Shares Bought by NBC Securities Inc.

NBC Securities Inc. boosted its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 7.9% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 15,016 shares of the exchange traded fund’s stock after buying an additional 1,093 shares during the period. NBC Securities Inc.’s holdings in VanEck Gold Miners ETF were worth $474,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Headlands Technologies LLC acquired a new position in shares of VanEck Gold Miners ETF in the 4th quarter valued at $26,000. Atlantic Edge Private Wealth Management LLC acquired a new position in shares of VanEck Gold Miners ETF in the 4th quarter valued at $32,000. Family Asset Management LLC acquired a new position in shares of VanEck Gold Miners ETF in the 4th quarter valued at $38,000. Quintet Private Bank Europe S.A. acquired a new position in shares of VanEck Gold Miners ETF in the 4th quarter valued at $47,000. Finally, Register Financial Advisors LLC lifted its stake in shares of VanEck Gold Miners ETF by 58.5% in the 4th quarter. Register Financial Advisors LLC now owns 1,697 shares of the exchange traded fund’s stock valued at $53,000 after purchasing an additional 626 shares during the last quarter.

VanEck Gold Miners ETF Stock Up 2.5 %

Shares of VanEck Gold Miners ETF stock opened at $34.55 on Friday. VanEck Gold Miners ETF has a 52 week low of $25.62 and a 52 week high of $37.47. The business’s fifty day simple moving average is $34.48 and its 200-day simple moving average is $31.18. The firm has a market cap of $13.81 billion, a PE ratio of 28.03 and a beta of 0.85.

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.