Hilltop Holdings Inc. Sells 42,928 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Hilltop Holdings Inc. decreased its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 46.6% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 49,228 shares of the exchange traded fund’s stock after selling 42,928 shares during the quarter. Hilltop Holdings Inc.’s holdings in VanEck Gold Miners ETF were worth $1,960,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Beacon Capital Management LLC increased its stake in VanEck Gold Miners ETF by 202.4% in the 2nd quarter. Beacon Capital Management LLC now owns 747 shares of the exchange traded fund’s stock valued at $25,000 after buying an additional 500 shares during the last quarter. Cedar Wealth Management LLC increased its position in shares of VanEck Gold Miners ETF by 63.4% during the second quarter. Cedar Wealth Management LLC now owns 874 shares of the exchange traded fund’s stock valued at $30,000 after acquiring an additional 339 shares during the last quarter. Aptus Capital Advisors LLC lifted its holdings in VanEck Gold Miners ETF by 53.0% during the third quarter. Aptus Capital Advisors LLC now owns 950 shares of the exchange traded fund’s stock worth $38,000 after acquiring an additional 329 shares during the period. Eagle Bay Advisors LLC boosted its position in VanEck Gold Miners ETF by 95.8% in the second quarter. Eagle Bay Advisors LLC now owns 1,175 shares of the exchange traded fund’s stock worth $40,000 after purchasing an additional 575 shares during the last quarter. Finally, Studio Investment Management LLC increased its position in shares of VanEck Gold Miners ETF by 51.4% during the 2nd quarter. Studio Investment Management LLC now owns 1,202 shares of the exchange traded fund’s stock valued at $41,000 after purchasing an additional 408 shares during the last quarter.

VanEck Gold Miners ETF Price Performance

NYSEARCA GDX opened at $37.70 on Wednesday. The stock has a market capitalization of $15.07 billion, a price-to-earnings ratio of 28.03 and a beta of 0.85. The business’s fifty day moving average is $39.54 and its 200-day moving average is $37.64. VanEck Gold Miners ETF has a one year low of $25.67 and a one year high of $44.22.

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.