OVERSEA CHINESE BANKING Corp Ltd Buys 21,985 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

OVERSEA CHINESE BANKING Corp Ltd increased its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 54.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 62,315 shares of the exchange traded fund’s stock after acquiring an additional 21,985 shares during the quarter. OVERSEA CHINESE BANKING Corp Ltd’s holdings in VanEck Gold Miners ETF were worth $2,113,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of GDX. Atomi Financial Group Inc. boosted its stake in VanEck Gold Miners ETF by 5.5% during the fourth quarter. Atomi Financial Group Inc. now owns 8,804 shares of the exchange traded fund’s stock worth $299,000 after buying an additional 462 shares in the last quarter. Fifth Third Wealth Advisors LLC boosted its stake in VanEck Gold Miners ETF by 12.8% during the fourth quarter. Fifth Third Wealth Advisors LLC now owns 11,500 shares of the exchange traded fund’s stock worth $390,000 after buying an additional 1,301 shares in the last quarter. Tandem Financial LLC acquired a new stake in VanEck Gold Miners ETF during the fourth quarter worth $7,621,000. Van ECK Associates Corp boosted its stake in VanEck Gold Miners ETF by 22.6% during the fourth quarter. Van ECK Associates Corp now owns 39,147 shares of the exchange traded fund’s stock worth $1,327,000 after buying an additional 7,212 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its stake in VanEck Gold Miners ETF by 26.2% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 41,000 shares of the exchange traded fund’s stock worth $1,385,000 after buying an additional 8,500 shares in the last quarter.

VanEck Gold Miners ETF Price Performance

GDX opened at $45.23 on Thursday. VanEck Gold Miners ETF has a fifty-two week low of $28.91 and a fifty-two week high of $45.65. The firm’s fifty day moving average price is $40.06 and its two-hundred day moving average price is $38.89. The company has a market capitalization of $14.99 billion, a P/E ratio of 20.34 and a beta of 0.95.

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.