First National Bank Sioux Falls Cuts Stock Holdings in VanEck Gold Miners ETF (NYSEARCA:GDX)

First National Bank Sioux Falls reduced its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 48.5% during the first quarter, Holdings Channel reports. The institutional investor owned 9,000 shares of the exchange traded fund’s stock after selling 8,459 shares during the quarter. First National Bank Sioux Falls’ holdings in VanEck Gold Miners ETF were worth $285,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of GDX. City Holding Co. boosted its stake in VanEck Gold Miners ETF by 0.9% in the 4th quarter. City Holding Co. now owns 42,395 shares of the exchange traded fund’s stock worth $1,314,000 after purchasing an additional 384 shares in the last quarter. Cornerstone Wealth Management LLC lifted its stake in VanEck Gold Miners ETF by 2.3% during the 4th quarter. Cornerstone Wealth Management LLC now owns 17,319 shares of the exchange traded fund’s stock valued at $537,000 after acquiring an additional 391 shares during the period. Kercheville Advisors LLC lifted its stake in VanEck Gold Miners ETF by 0.3% during the 4th quarter. Kercheville Advisors LLC now owns 150,910 shares of the exchange traded fund’s stock valued at $4,680,000 after acquiring an additional 404 shares during the period. Geneos Wealth Management Inc. lifted its stake in VanEck Gold Miners ETF by 0.5% during the 4th quarter. Geneos Wealth Management Inc. now owns 84,153 shares of the exchange traded fund’s stock valued at $2,610,000 after acquiring an additional 415 shares during the period. Finally, Rathbones Group PLC lifted its stake in VanEck Gold Miners ETF by 1.2% during the 4th quarter. Rathbones Group PLC now owns 35,434 shares of the exchange traded fund’s stock valued at $1,099,000 after acquiring an additional 417 shares during the period.

VanEck Gold Miners ETF Trading Up 1.2 %

NYSEARCA GDX traded up $0.41 on Thursday, hitting $34.23. 11,299,371 shares of the company’s stock traded hands, compared to its average volume of 24,749,828. VanEck Gold Miners ETF has a 1-year low of $25.62 and a 1-year high of $37.47. The firm’s 50-day moving average price is $34.52 and its two-hundred day moving average price is $31.31. The firm has a market capitalization of $13.68 billion, a PE ratio of 28.03 and a beta of 0.85.

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.