Toronto Dominion Bank Sells 8,266 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Toronto Dominion Bank cut its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 1.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 440,972 shares of the exchange traded fund’s stock after selling 8,266 shares during the period. Toronto Dominion Bank owned 0.11% of VanEck Gold Miners ETF worth $14,954,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of GDX. Atomi Financial Group Inc. increased its holdings in VanEck Gold Miners ETF by 5.5% during the 4th quarter. Atomi Financial Group Inc. now owns 8,804 shares of the exchange traded fund’s stock worth $299,000 after acquiring an additional 462 shares during the period. Tandem Financial LLC bought a new position in shares of VanEck Gold Miners ETF in the fourth quarter worth $7,621,000. Van ECK Associates Corp increased its holdings in shares of VanEck Gold Miners ETF by 22.6% in the fourth quarter. Van ECK Associates Corp now owns 39,147 shares of the exchange traded fund’s stock worth $1,327,000 after purchasing an additional 7,212 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its position in shares of VanEck Gold Miners ETF by 26.2% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 41,000 shares of the exchange traded fund’s stock worth $1,385,000 after buying an additional 8,500 shares in the last quarter. Finally, Principal Securities Inc. grew its position in VanEck Gold Miners ETF by 7.1% during the fourth quarter. Principal Securities Inc. now owns 12,329 shares of the exchange traded fund’s stock worth $418,000 after buying an additional 819 shares in the last quarter.

VanEck Gold Miners ETF Stock Up 2.2%

Shares of NYSEARCA GDX opened at $47.34 on Tuesday. The firm has a market capitalization of $14.34 billion, a P/E ratio of 19.65 and a beta of 0.57. The stock’s 50-day simple moving average is $46.90 and its two-hundred day simple moving average is $41.12. VanEck Gold Miners ETF has a twelve month low of $32.84 and a twelve month high of $53.25.

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.