Versant Capital Management Inc Reduces Holdings in iShares MSCI Global Gold Miners ETF $RING

Versant Capital Management Inc cut its position in iShares MSCI Global Gold Miners ETF (NASDAQ:RING) by 10.6% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 68,344 shares of the exchange traded fund’s stock after selling 8,096 shares during the quarter. iShares MSCI Global Gold Miners ETF accounts for 0.6% of Versant Capital Management Inc’s portfolio, making the stock its 29th largest position. Versant Capital Management Inc’s holdings in iShares MSCI Global Gold Miners ETF were worth $4,423,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the company. Trust Co. of Toledo NA OH acquired a new position in iShares MSCI Global Gold Miners ETF in the 2nd quarter worth $49,000. EverSource Wealth Advisors LLC purchased a new stake in shares of iShares MSCI Global Gold Miners ETF during the second quarter worth about $100,000. Strategic Blueprint LLC acquired a new position in shares of iShares MSCI Global Gold Miners ETF in the second quarter worth about $239,000. NewEdge Advisors LLC boosted its holdings in iShares MSCI Global Gold Miners ETF by 736.3% in the first quarter. NewEdge Advisors LLC now owns 11,290 shares of the exchange traded fund’s stock valued at $433,000 after purchasing an additional 9,940 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC increased its holdings in iShares MSCI Global Gold Miners ETF by 315.7% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 16,919 shares of the exchange traded fund’s stock worth $741,000 after purchasing an additional 12,849 shares during the last quarter.

iShares MSCI Global Gold Miners ETF Trading Up 0.8%

iShares MSCI Global Gold Miners ETF stock opened at $83.01 on Wednesday. iShares MSCI Global Gold Miners ETF has a 52 week low of $29.51 and a 52 week high of $84.35. The stock has a market cap of $3.28 billion, a P/E ratio of 19.24 and a beta of 0.50. The stock has a 50 day moving average of $71.19 and a 200-day moving average of $60.47.

iShares MSCI Global Gold Miners ETF Announces Dividend

The business also recently declared a dividend, which was paid on Friday, December 19th. Stockholders of record on Tuesday, December 16th were given a dividend of $0.3775 per share. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a dividend yield of 105.0%.

About iShares MSCI Global Gold Miners ETF

The iShares MSCI Global Gold Miners ETF (RING) is an exchange-traded fund that is based on the MSCI ACWI Select Gold Miners IMI index, a market-cap-weighted index of companies that generate revenue primarily from gold mining. RING was launched on Jan 31, 2012 and is managed by BlackRock.