Investors sold shares of VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) on strength during trading on Wednesday. $61.89 million flowed into the stock on the tick-up and $239.77 million flowed out of the stock on the tick-down, for a money net flow of $177.88 million out of the stock. Of all companies tracked, VanEck Vectors Gold Miners ETF had the 0th highest net out-flow for the day. VanEck Vectors Gold Miners ETF traded up $0.51 for the day and closed at $19.81

Hedge funds and other institutional investors have recently modified their holdings of the business. Flagship Harbor Advisors LLC grew its position in VanEck Vectors Gold Miners ETF by 630.3% during the third quarter. Flagship Harbor Advisors LLC now owns 5,536 shares of the exchange traded fund’s stock valued at $103,000 after acquiring an additional 4,778 shares during the last quarter. Horan Capital Advisors LLC. bought a new position in VanEck Vectors Gold Miners ETF during the second quarter valued at approximately $109,000. Centaurus Financial Inc. bought a new position in VanEck Vectors Gold Miners ETF during the second quarter valued at approximately $114,000. Robinson Value Management Ltd. bought a new position in VanEck Vectors Gold Miners ETF during the second quarter valued at approximately $179,000. Finally, Financial Advocates Investment Management bought a new position in VanEck Vectors Gold Miners ETF during the second quarter valued at approximately $206,000.

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About VanEck Vectors Gold Miners ETF (NYSEARCA:GDX)

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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