VanEck Gold Miners ETF $GDX Stake Trimmed by Nomura Asset Management Co. Ltd.

Nomura Asset Management Co. Ltd. lowered its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 25.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 25,010 shares of the exchange traded fund’s stock after selling 8,620 shares during the quarter. Nomura Asset Management Co. Ltd.’s holdings in VanEck Gold Miners ETF were worth $2,145,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. Rafferty Asset Management LLC increased its stake in VanEck Gold Miners ETF by 30.0% in the 2nd quarter. Rafferty Asset Management LLC now owns 6,511,070 shares of the exchange traded fund’s stock worth $338,966,000 after purchasing an additional 1,503,884 shares in the last quarter. M&T Bank Corp grew its position in VanEck Gold Miners ETF by 7,491.6% during the 4th quarter. M&T Bank Corp now owns 2,025,428 shares of the exchange traded fund’s stock worth $173,721,000 after purchasing an additional 1,998,748 shares in the last quarter. Rit Capital Partners PLC grew its position in VanEck Gold Miners ETF by 74.7% during the 4th quarter. Rit Capital Partners PLC now owns 1,197,000 shares of the exchange traded fund’s stock worth $102,679,000 after purchasing an additional 512,000 shares in the last quarter. Ameriprise Financial Inc. grew its position in VanEck Gold Miners ETF by 2.4% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,076,826 shares of the exchange traded fund’s stock worth $82,336,000 after purchasing an additional 25,688 shares in the last quarter. Finally, Ion Asset Management Ltd. grew its position in VanEck Gold Miners ETF by 0.5% during the 2nd quarter. Ion Asset Management Ltd. now owns 978,970 shares of the exchange traded fund’s stock worth $50,965,000 after purchasing an additional 4,420 shares in the last quarter.

VanEck Gold Miners ETF Stock Performance

NYSEARCA GDX opened at $86.40 on Friday. VanEck Gold Miners ETF has a twelve month low of $50.32 and a twelve month high of $117.18. The stock has a market cap of $26.62 billion, a price-to-earnings ratio of 21.70 and a beta of 0.60. The firm’s 50 day moving average price is $91.46 and its two-hundred day moving average price is $92.79.

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.