VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) Stake Reduced by Gradient Investments LLC

Gradient Investments LLC cut its holdings in VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) by 71.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,071 shares of the exchange traded fund’s stock after selling 27,313 shares during the quarter. Gradient Investments LLC’s holdings in VanEck Vectors Gold Miners ETF were worth $296,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Zurcher Kantonalbank Zurich Cantonalbank raised its position in VanEck Vectors Gold Miners ETF by 55.2% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 36,549 shares of the exchange traded fund’s stock worth $934,000 after acquiring an additional 13,000 shares in the last quarter. Raymond James Trust N.A. raised its holdings in VanEck Vectors Gold Miners ETF by 7.1% during the 2nd quarter. Raymond James Trust N.A. now owns 16,296 shares of the exchange traded fund’s stock worth $417,000 after buying an additional 1,075 shares during the period. Bedell Frazier Investment Counseling LLC raised its holdings in VanEck Vectors Gold Miners ETF by 9.2% during the 2nd quarter. Bedell Frazier Investment Counseling LLC now owns 403,434 shares of the exchange traded fund’s stock worth $10,312,000 after buying an additional 34,060 shares during the period. Stelac Advisory Services LLC acquired a new stake in VanEck Vectors Gold Miners ETF during the 2nd quarter worth about $104,000. Finally, Archetype Wealth Partners LLC raised its holdings in VanEck Vectors Gold Miners ETF by 2.2% during the 2nd quarter. Archetype Wealth Partners LLC now owns 97,192 shares of the exchange traded fund’s stock worth $2,484,000 after buying an additional 2,120 shares during the period.

NYSEARCA GDX opened at $26.97 on Friday. The stock’s 50-day moving average price is $28.47 and its two-hundred day moving average price is $25.08. VanEck Vectors Gold Miners ETF has a 1 year low of $18.26 and a 1 year high of $30.96.

VanEck Vectors 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.

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Institutional Ownership by Quarter for VanEck Vectors Gold Miners ETF (NYSEARCA:GDX)

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