Shares of VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) gapped up before the market opened on Monday . The stock had previously closed at $21.94, but opened at $21.59. VanEck Vectors Gold Miners ETF shares last traded at $22.30, with a volume of 2130508 shares trading hands.

A number of large investors have recently modified their holdings of the stock. Boenning & Scattergood Inc. raised its stake in VanEck Vectors Gold Miners ETF by 3.0% in the first quarter. Boenning & Scattergood Inc. now owns 19,150 shares of the exchange traded fund’s stock worth $429,000 after buying an additional 550 shares in the last quarter. Mid Atlantic Financial Management Inc. ADV increased its position in shares of VanEck Vectors Gold Miners ETF by 2.8% during the first quarter. Mid Atlantic Financial Management Inc. ADV now owns 22,949 shares of the exchange traded fund’s stock worth $515,000 after purchasing an additional 634 shares in the last quarter. Bedel Financial Consulting Inc. increased its position in shares of VanEck Vectors Gold Miners ETF by 61.3% during the first quarter. Bedel Financial Consulting Inc. now owns 1,947 shares of the exchange traded fund’s stock worth $44,000 after purchasing an additional 740 shares in the last quarter. Wealthcare Advisory Partners LLC increased its position in shares of VanEck Vectors Gold Miners ETF by 10.3% during the first quarter. Wealthcare Advisory Partners LLC now owns 8,745 shares of the exchange traded fund’s stock worth $196,000 after purchasing an additional 816 shares in the last quarter. Finally, Blume Capital Management Inc. increased its position in shares of VanEck Vectors Gold Miners ETF by 0.9% during the first quarter. Blume Capital Management Inc. now owns 98,660 shares of the exchange traded fund’s stock worth $2,212,000 after purchasing an additional 909 shares in the last quarter.

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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.

Further Reading: Outperform Rating

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