Nomura Asset Management Co. Ltd. Sells 23,835 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

Nomura Asset Management Co. Ltd. lowered its position in VanEck Gold Miners ETF (NYSEARCA:GDX) by 52.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 22,000 shares of the exchange traded fund’s stock after selling 23,835 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in VanEck Gold Miners ETF were worth $746,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of GDX. Atomi Financial Group Inc. raised its position in shares of VanEck Gold Miners ETF by 5.5% during the fourth quarter. Atomi Financial Group Inc. now owns 8,804 shares of the exchange traded fund’s stock valued at $299,000 after buying an additional 462 shares during the last quarter. Fifth Third Wealth Advisors LLC increased its holdings in VanEck Gold Miners ETF by 12.8% in 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 acquiring an additional 1,301 shares during the last quarter. Tandem Financial LLC bought a new stake in VanEck Gold Miners ETF in the 4th quarter valued at $7,621,000. Van ECK Associates Corp lifted its stake in VanEck Gold Miners ETF by 22.6% in the 4th quarter. Van ECK Associates Corp now owns 39,147 shares of the exchange traded fund’s stock worth $1,327,000 after purchasing an additional 7,212 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of 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 last quarter.

VanEck Gold Miners ETF Trading Down 0.1 %

Shares of GDX stock opened at $45.76 on Thursday. The stock has a market capitalization of $14.84 billion, a price-to-earnings ratio of 21.51 and a beta of 0.84. VanEck Gold Miners ETF has a 12-month low of $32.20 and a 12-month high of $46.94. The stock’s 50-day moving average price is $41.80 and its 200-day moving average price is $39.41.

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.