Verger Capital Management LLC lifted its position in shares of VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) by 6.6% in the 4th quarter, Holdings Channel reports. The firm owned 288,541 shares of the exchange traded fund’s stock after purchasing an additional 17,931 shares during the period. VanEck Vectors Gold Miners ETF comprises about 2.6% of Verger Capital Management LLC’s holdings, making the stock its 9th largest position. Verger Capital Management LLC’s holdings in VanEck Vectors Gold Miners ETF were worth $6,706,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Advantage Investment Management LLC lifted its position in VanEck Vectors Gold Miners ETF by 581.3% in the third quarter. Advantage Investment Management LLC now owns 6,527 shares of the exchange traded fund’s stock valued at $150,000 after acquiring an additional 5,569 shares during the last quarter. Steward Partners Investment Advisory LLC purchased a new stake in VanEck Vectors Gold Miners ETF in the third quarter valued at $199,000. Northside Capital Management LLC purchased a new stake in VanEck Vectors Gold Miners ETF in the third quarter valued at $202,000. Timber Hill LLC purchased a new stake in VanEck Vectors Gold Miners ETF in the third quarter valued at $204,000. Finally, DORCHESTER WEALTH MANAGEMENT Co purchased a new stake in VanEck Vectors Gold Miners ETF in the third quarter valued at $214,000.

Shares of VanEck Vectors Gold Miners ETF (GDX) opened at $21.64 on Monday. VanEck Vectors Gold Miners ETF has a 1 year low of $20.83 and a 1 year high of $25.58. The firm has a market cap of $6,700.00 and a price-to-earnings ratio of -6.73.

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VanEck Vectors Gold Miners ETF 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.

Want to see what other hedge funds are holding GDX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Vectors Gold Miners ETF (NYSEARCA:GDX).

Institutional Ownership by Quarter for VanEck Vectors Gold Miners ETF (NYSEARCA:GDX)

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