VanEck Gold Miners ETF $GDX is Vanderbilt University’s 5th Largest Position

Vanderbilt University lessened its holdings in VanEck Gold Miners ETF (NYSEARCA:GDX) by 29.2% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 580,400 shares of the exchange traded fund’s stock after selling 239,395 shares during the quarter. VanEck Gold Miners ETF makes up 10.1% of Vanderbilt University’s holdings, making the stock its 5th largest holding. Vanderbilt University’s holdings in VanEck Gold Miners ETF were worth $53,263,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of GDX. Morgan Stanley lifted its position in shares of VanEck Gold Miners ETF by 0.7% during the fourth quarter. Morgan Stanley now owns 12,876,546 shares of the exchange traded fund’s stock worth $1,104,421,000 after purchasing an additional 90,514 shares during the last quarter. Rafferty Asset Management LLC grew its holdings in shares of VanEck Gold Miners ETF by 8.2% in the fourth quarter. Rafferty Asset Management LLC now owns 7,053,592 shares of the exchange traded fund’s stock worth $604,987,000 after purchasing an additional 534,856 shares during the last quarter. Caisse de depot et placement du Quebec bought a new position in shares of VanEck Gold Miners ETF in the fourth quarter worth about $218,971,000. M&T Bank Corp increased its stake in VanEck Gold Miners ETF by 7,491.6% in the 4th quarter. M&T Bank Corp now owns 2,025,428 shares of the exchange traded fund’s stock worth $173,721,000 after buying an additional 1,998,748 shares during the period. Finally, Rit Capital Partners PLC increased its stake in VanEck Gold Miners ETF by 74.7% in the 4th quarter. Rit Capital Partners PLC now owns 1,197,000 shares of the exchange traded fund’s stock worth $102,679,000 after buying an additional 512,000 shares during the period.

VanEck Gold Miners ETF Price Performance

Shares of GDX opened at $74.59 on Thursday. VanEck Gold Miners ETF has a 1-year low of $50.32 and a 1-year high of $117.18. The company has a 50-day moving average of $87.89 and a 200 day moving average of $92.93. The firm has a market capitalization of $22.98 billion, a price-to-earnings ratio of 21.70 and a beta of 0.60.

About VanEck Gold Miners ETF

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.