Mitsubishi UFJ Asset Management UK Ltd. Takes Position in VanEck Gold Miners ETF $GDX

Mitsubishi UFJ Asset Management UK Ltd. bought a new position in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 13,000 shares of the exchange traded fund’s stock, valued at approximately $677,000.

Several other hedge funds also recently made changes to their positions in GDX. LPL Financial LLC grew its position in VanEck Gold Miners ETF by 2.3% during the first quarter. LPL Financial LLC now owns 3,594,251 shares of the exchange traded fund’s stock worth $165,228,000 after buying an additional 80,785 shares in the last quarter. Banco Bilbao Vizcaya Argentaria S.A. grew its holdings in shares of VanEck Gold Miners ETF by 7,098.1% during the 1st quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 2,080,392 shares of the exchange traded fund’s stock worth $94,731,000 after purchasing an additional 2,051,490 shares in the last quarter. OVERSEA CHINESE BANKING Corp Ltd increased its position in shares of VanEck Gold Miners ETF by 3,010.4% in the first quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 1,938,221 shares of the exchange traded fund’s stock worth $89,100,000 after purchasing an additional 1,875,906 shares during the period. National Bank of Canada FI increased its position in shares of VanEck Gold Miners ETF by 8,656.1% in the first quarter. National Bank of Canada FI now owns 1,376,192 shares of the exchange traded fund’s stock worth $63,264,000 after purchasing an additional 1,360,475 shares during the period. Finally, New Harbor Financial Group LLC raised its stake in VanEck Gold Miners ETF by 51.9% in the first quarter. New Harbor Financial Group LLC now owns 1,155,787 shares of the exchange traded fund’s stock valued at $53,132,000 after purchasing an additional 394,744 shares in the last quarter.

VanEck Gold Miners ETF Stock Up 0.9%

Shares of VanEck Gold Miners ETF stock opened at $76.40 on Wednesday. VanEck Gold Miners ETF has a 12-month low of $33.42 and a 12-month high of $77.18. The company has a market capitalization of $22.36 billion, a price-to-earnings ratio of 21.70 and a beta of 0.77. The firm’s 50-day moving average price is $62.68 and its two-hundred day moving average price is $54.05.

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.