Versant Capital Management Inc Purchases 14,394 Shares of VanEck Gold Miners ETF $GDX

Versant Capital Management Inc raised its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 5.4% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 281,661 shares of the exchange traded fund’s stock after buying an additional 14,394 shares during the period. VanEck Gold Miners ETF comprises 1.9% of Versant Capital Management Inc’s investment portfolio, making the stock its 8th biggest position. Versant Capital Management Inc’s holdings in VanEck Gold Miners ETF were worth $21,251,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Caisse de depot et placement du Quebec purchased a new stake in shares of VanEck Gold Miners ETF during the 4th quarter worth about $218,971,000. M&T Bank Corp increased its stake in shares of 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 valued at $173,721,000 after purchasing an additional 1,998,748 shares in the last quarter. Bank of Nova Scotia increased its stake in shares of VanEck Gold Miners ETF by 282.0% in 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 in the last quarter. Rafferty Asset Management LLC increased its stake in shares of VanEck Gold Miners ETF by 30.0% in the 2nd quarter. Rafferty Asset Management LLC now owns 6,511,070 shares of the exchange traded fund’s stock valued at $338,966,000 after purchasing an additional 1,503,884 shares in the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund acquired a new position in VanEck Gold Miners ETF in the 4th quarter worth about $101,981,000.

VanEck Gold Miners ETF Trading Up 2.6%

NYSEARCA GDX opened at $76.05 on Tuesday. The stock has a market capitalization of $23.20 billion, a price-to-earnings ratio of 21.70 and a beta of 0.65. The stock has a 50-day moving average of $78.43 and a 200 day moving average of $90.45. VanEck Gold Miners ETF has a twelve month low of $53.16 and a twelve month high of $117.18.

VanEck Gold Miners ETF Company Profile

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.