OVERSEA CHINESE BANKING Corp Ltd Has $2.86 Million Stock Holdings in VanEck Gold Miners ETF $GDX

OVERSEA CHINESE BANKING Corp Ltd trimmed its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 15.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 55,000 shares of the exchange traded fund’s stock after selling 10,220 shares during the quarter. OVERSEA CHINESE BANKING Corp Ltd’s holdings in VanEck Gold Miners ETF were worth $2,862,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. Hurley Capital LLC bought a new stake in VanEck Gold Miners ETF during the 1st quarter worth approximately $26,000. Hoey Investments Inc. boosted its stake in VanEck Gold Miners ETF by 71.0% during the second quarter. Hoey Investments Inc. now owns 513 shares of the exchange traded fund’s stock worth $27,000 after acquiring an additional 213 shares in the last quarter. RMG Wealth Management LLC bought a new position in VanEck Gold Miners ETF during the second quarter worth $34,000. NorthRock Partners LLC boosted its stake in VanEck Gold Miners ETF by 69.1% during the first quarter. NorthRock Partners LLC now owns 930 shares of the exchange traded fund’s stock worth $43,000 after acquiring an additional 380 shares in the last quarter. Finally, IMA Advisory Services Inc. bought a new position in VanEck Gold Miners ETF during the first quarter worth $44,000.

VanEck Gold Miners ETF Trading Down 4.0%

GDX opened at $69.91 on Tuesday. The company’s fifty day moving average price is $70.82 and its two-hundred day moving average price is $58.44. VanEck Gold Miners ETF has a 1-year low of $33.42 and a 1-year high of $85.08. The company has a market cap of $20.95 billion, a price-to-earnings ratio of 21.70 and a beta of 0.55.

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.