National Bank of Canada FI Has $176.82 Million Stock Holdings in VanEck Gold Miners ETF (NYSEARCA:GDX)

National Bank of Canada FI reduced its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 30.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,785,860 shares of the exchange traded fund’s stock after selling 2,488,314 shares during the period. National Bank of Canada FI owned approximately 1.44% of VanEck Gold Miners ETF worth $176,817,000 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 the business. Stratos Wealth Partners LTD. grew its holdings in VanEck Gold Miners ETF by 74.4% during the third quarter. Stratos Wealth Partners LTD. now owns 83,854 shares of the exchange traded fund’s stock valued at $2,257,000 after purchasing an additional 35,775 shares during the period. Citizens National Bank Trust Department lifted its holdings in VanEck Gold Miners ETF by 15.2% during the third quarter. Citizens National Bank Trust Department now owns 4,621 shares of the exchange traded fund’s stock worth $124,000 after acquiring an additional 608 shares in the last quarter. Professional Financial Advisors LLC lifted its holdings in shares of VanEck Gold Miners ETF by 4.0% in the third quarter. Professional Financial Advisors LLC now owns 29,231 shares of the exchange traded fund’s stock valued at $787,000 after purchasing an additional 1,124 shares in the last quarter. WESPAC Advisors LLC lifted its position in VanEck Gold Miners ETF by 8.0% during the 3rd quarter. WESPAC Advisors LLC now owns 45,033 shares of the exchange traded fund’s stock worth $1,212,000 after buying an additional 3,331 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. raised its holdings in shares of VanEck Gold Miners ETF by 4.5% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 41,800 shares of the exchange traded fund’s stock valued at $1,125,000 after purchasing an additional 1,800 shares during the period.

VanEck Gold Miners ETF Price Performance

VanEck Gold Miners ETF stock traded down $0.14 during midday trading on Friday, hitting $33.44. The company’s stock had a trading volume of 23,408,094 shares, compared to its average volume of 26,269,031. The company has a 50-day moving average price of $31.35 and a two-hundred day moving average price of $29.82. VanEck Gold Miners ETF has a 1-year low of $25.62 and a 1-year high of $36.26. The company has a market cap of $13.37 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85.

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.