VanEck Gold Miners ETF $GDX Shares Purchased by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. increased its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 14.9% during the second quarter, Holdings Channel.com reports. The institutional investor owned 794,683 shares of the exchange traded fund’s stock after buying an additional 102,835 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in VanEck Gold Miners ETF were worth $41,371,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in the company. LPL Financial LLC lifted its position in VanEck Gold Miners ETF by 2.3% during the 1st quarter. LPL Financial LLC now owns 3,594,251 shares of the exchange traded fund’s stock worth $165,228,000 after acquiring an additional 80,785 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. lifted its holdings in shares of VanEck Gold Miners ETF by 7,098.1% during the first 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 during the period. National Bank of Canada FI boosted its position in 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 valued at $63,264,000 after buying an additional 1,360,475 shares during the last quarter. Teacher Retirement System of Texas increased its holdings in VanEck Gold Miners ETF by 99.1% in the 2nd quarter. Teacher Retirement System of Texas now owns 1,306,000 shares of the exchange traded fund’s stock worth $67,990,000 after buying an additional 650,000 shares during the period. Finally, New Harbor Financial Group LLC raised its position in VanEck Gold Miners ETF by 51.9% during the 1st quarter. New Harbor Financial Group LLC now owns 1,155,787 shares of the exchange traded fund’s stock worth $53,132,000 after buying an additional 394,744 shares during the last quarter.

VanEck Gold Miners ETF Trading Down 1.2%

Shares of NYSEARCA GDX opened at $76.16 on Monday. The company has a 50 day simple moving average of $74.01 and a two-hundred day simple moving average of $60.81. The stock has a market cap of $22.87 billion, a price-to-earnings ratio of 21.70 and a beta of 0.55. VanEck Gold Miners ETF has a 12 month low of $33.42 and a 12 month high of $85.08.

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.