Banque Cantonale Vaudoise Has $3.27 Million Stock Position in VanEck Gold Miners ETF $GDX

Banque Cantonale Vaudoise increased its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX – Free Report) by 429.4% in the 1st quarter, Holdings Channel reports. The fund owned 35,663 shares of the exchange traded fund’s stock after purchasing an additional 28,927 shares during the period. Banque Cantonale Vaudoise’s holdings in VanEck Gold Miners ETF were worth $3,273,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of GDX. AQR Capital Management LLC grew its stake in VanEck Gold Miners ETF by 106.2% during the 1st quarter. AQR Capital Management LLC now owns 24,088 shares of the exchange traded fund’s stock valued at $1,107,000 after acquiring an additional 12,408 shares in the last quarter. Invesco Ltd. purchased a new position in VanEck Gold Miners ETF during the second quarter valued at approximately $31,236,000. Natixis increased its stake in VanEck Gold Miners ETF by 196.1% in the 2nd quarter. Natixis now owns 26,748 shares of the exchange traded fund’s stock valued at $1,393,000 after buying an additional 17,716 shares during the period. Qube Research & Technologies Ltd increased its stake in VanEck Gold Miners ETF by 194.3% in the 2nd quarter. Qube Research & Technologies Ltd now owns 36,387 shares of the exchange traded fund’s stock valued at $1,894,000 after buying an additional 24,022 shares during the period. Finally, Quantinno Capital Management LP acquired a new position in VanEck Gold Miners ETF in the 2nd quarter valued at approximately $846,000.

VanEck Gold Miners ETF Stock Up 1.4%

GDX stock opened at $75.67 on Friday. The company has a 50 day moving average of $87.39 and a two-hundred day moving average of $92.89. The company has a market cap of $23.31 billion, a price-to-earnings ratio of 21.70 and a beta of 0.60. VanEck Gold Miners ETF has a 12-month low of $50.32 and a 12-month high of $117.18.

About VanEck Gold Miners ETF

(Free Report)

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.

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Want to see what other hedge funds are holding GDX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Gold Miners ETF (NYSEARCA:GDX – Free Report).