TD Asset Management Inc. Increases Position in B2Gold Corp. (BTG)

TD Asset Management Inc. lifted its holdings in B2Gold Corp. (NYSEAMERICAN:BTG) (TSE:BTO) by 16.6% in the fourth quarter, HoldingsChannel reports. The firm owned 5,655,181 shares of the basic materials company’s stock after buying an additional 805,000 shares during the quarter. TD Asset Management Inc.’s holdings in B2Gold were worth $16,521,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in BTG. Vanguard Group Inc lifted its stake in B2Gold by 5.3% in the third quarter. Vanguard Group Inc now owns 23,579,327 shares of the basic materials company’s stock worth $54,232,000 after acquiring an additional 1,181,591 shares during the last quarter. Vanguard Group Inc. lifted its stake in B2Gold by 5.3% in the third quarter. Vanguard Group Inc. now owns 23,579,327 shares of the basic materials company’s stock worth $54,232,000 after acquiring an additional 1,181,591 shares during the last quarter. Bank of Montreal Can lifted its stake in B2Gold by 1.7% in the third quarter. Bank of Montreal Can now owns 12,894,223 shares of the basic materials company’s stock worth $29,657,000 after acquiring an additional 221,051 shares during the last quarter. Renaissance Technologies LLC lifted its stake in B2Gold by 11.4% in the third quarter. Renaissance Technologies LLC now owns 10,698,397 shares of the basic materials company’s stock worth $24,606,000 after acquiring an additional 1,098,400 shares during the last quarter. Finally, Impala Asset Management LLC lifted its stake in B2Gold by 3.4% in the third quarter. Impala Asset Management LLC now owns 10,032,050 shares of the basic materials company’s stock worth $22,791,000 after acquiring an additional 329,489 shares during the last quarter.

Separately, Zacks Investment Research upgraded shares of B2Gold from a “hold” rating to a “buy” rating and set a $3.00 price objective for the company in a research report on Thursday, January 24th.

Shares of NYSEAMERICAN:BTG traded down $0.04 during trading on Monday, hitting $3.05. 92,333 shares of the company were exchanged, compared to its average volume of 4,086,752. B2Gold Corp. has a 12-month low of $2.10 and a 12-month high of $3.18.

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B2Gold Profile

B2Gold Corp., together with its subsidiaries, engages in the exploration and development of mineral properties in Nicaragua, the Philippines, Mali, Colombia, Burkina Faso, Finland, and Namibia. It primarily explores for gold and silver deposits. The company primarily holds 80% interest in Fekola mine, an open pit gold mine located in Mali; 90% interest in Otjikoto gold mine located north of Windhoek, Namibia; Masbate gold project located in the south-east of Manila, the Philippines; and 95% interest in El Limon mine, an underground gold mine located in northwestern Nicaragua.

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Want to see what other hedge funds are holding BTG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for B2Gold Corp. (NYSEAMERICAN:BTG) (TSE:BTO).

Institutional Ownership by Quarter for B2Gold (NYSEAMERICAN:BTG)

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