22,440 VanEck Gold Miners ETF $GDX Shares Sold by Hollow Brook Wealth Management LLC

Hollow Brook Wealth Management LLC cut its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 44.2% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 28,353 shares of the exchange traded fund’s stock after selling 22,440 shares during the period. Hollow Brook Wealth Management LLC’s holdings in VanEck Gold Miners ETF were worth $2,489,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bank of America Corp DE grew its stake in 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 during the period. Bank of Nova Scotia increased its position in shares of VanEck Gold Miners ETF by 282.0% during the 1st quarter. Bank of Nova Scotia now owns 2,692,956 shares of the exchange traded fund’s stock valued at $247,133,000 after purchasing an additional 1,987,920 shares during the last quarter. Meitav Investment House Ltd. increased its position in shares of VanEck Gold Miners ETF by 68.6% during the 1st quarter. Meitav Investment House Ltd. now owns 1,211,200 shares of the exchange traded fund’s stock valued at $111,152,000 after purchasing an additional 493,000 shares during the last quarter. OMERS ADMINISTRATION Corp bought a new stake in shares of VanEck Gold Miners ETF during the 1st quarter worth $84,873,000. Finally, IMC Chicago LLC raised its stake in shares of VanEck Gold Miners ETF by 1,264.4% during the 1st 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 during the period.

VanEck Gold Miners ETF Stock Performance

Shares of NYSEARCA:GDX opened at $77.09 on Monday. The company’s 50-day moving average is $91.64 and its 200 day moving average is $90.71. The company has a market capitalization of $23.73 billion, a P/E ratio of 21.70 and a beta of 0.68. VanEck Gold Miners ETF has a fifty-two week low of $68.20 and a fifty-two week high of $117.18.

About VanEck Gold Miners ETF

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.