Associated Banc Corp Buys 556 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Associated Banc Corp boosted its stake in shares of VanEck Gold Miners ETF (NYSEARCA:GDX) by 0.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 188,528 shares of the exchange traded fund’s stock after purchasing an additional 556 shares during the period. Associated Banc Corp’s holdings in VanEck Gold Miners ETF were worth $6,393,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Atomi Financial Group Inc. increased its position in VanEck Gold Miners ETF by 5.5% during the 4th quarter. Atomi Financial Group Inc. now owns 8,804 shares of the exchange traded fund’s stock valued at $299,000 after purchasing an additional 462 shares during the period. Fifth Third Wealth Advisors LLC increased its position in VanEck Gold Miners ETF by 12.8% during the 4th quarter. Fifth Third Wealth Advisors LLC now owns 11,500 shares of the exchange traded fund’s stock valued at $390,000 after purchasing an additional 1,301 shares during the period. Tandem Financial LLC purchased a new position in VanEck Gold Miners ETF during the 4th quarter valued at about $7,621,000. Van ECK Associates Corp increased its position in VanEck Gold Miners ETF by 22.6% during the 4th quarter. Van ECK Associates Corp now owns 39,147 shares of the exchange traded fund’s stock valued at $1,327,000 after purchasing an additional 7,212 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. increased its position in VanEck Gold Miners ETF by 26.2% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 41,000 shares of the exchange traded fund’s stock valued at $1,385,000 after purchasing an additional 8,500 shares during the period.

VanEck Gold Miners ETF Stock Performance

NYSEARCA GDX opened at $43.64 on Friday. The company has a market capitalization of $14.68 billion, a price-to-earnings ratio of 22.76 and a beta of 0.96. The company’s 50-day simple moving average is $39.48 and its two-hundred day simple moving average is $38.76. VanEck Gold Miners ETF has a one year low of $28.91 and a one year high of $44.22.

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.