35,166 Shares of VanEck Gold Miners ETF $GDX Purchased by NBT Bank N.A.

NBT Bank N.A. bought a new stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 35,166 shares of the exchange traded fund’s stock, valued at approximately $3,088,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Bank of America Corp DE increased its stake in shares of VanEck Gold Miners ETF by 11.5% in the 1st quarter. Bank of America Corp DE now owns 8,345,307 shares of the exchange traded fund’s stock valued at $765,849,000 after purchasing an additional 858,716 shares in the last quarter. Bank of Nova Scotia boosted its position in VanEck Gold Miners ETF by 282.0% during the first quarter. Bank of Nova Scotia now owns 2,692,956 shares of the exchange traded fund’s stock worth $247,133,000 after purchasing an additional 1,987,920 shares in the last quarter. Meitav Investment House Ltd. boosted its position in VanEck Gold Miners ETF by 68.6% during the first quarter. Meitav Investment House Ltd. now owns 1,211,200 shares of the exchange traded fund’s stock worth $111,152,000 after purchasing an additional 493,000 shares in the last quarter. OMERS ADMINISTRATION Corp purchased a new position in VanEck Gold Miners ETF during the first quarter worth approximately $84,873,000. Finally, IMC Chicago LLC boosted its position in VanEck Gold Miners ETF by 1,264.4% during the first quarter. IMC Chicago LLC now owns 697,975 shares of the exchange traded fund’s stock worth $64,053,000 after purchasing an additional 646,817 shares in the last quarter.

VanEck Gold Miners ETF Trading Down 5.8%

Shares of GDX opened at $81.69 on Friday. VanEck Gold Miners ETF has a 12 month low of $68.13 and a 12 month high of $117.18. The stock’s 50 day moving average is $93.24 and its two-hundred day moving average is $87.59. The firm has a market cap of $25.05 billion, a P/E ratio of 21.70 and a beta of 0.68.

VanEck Gold Miners ETF Profile

The Fund seeks to match as closely as possible the price and yield performance of the MarketVector Global 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.