NBT Bank N A NY Purchases 5,863 Shares of VanEck Gold Miners ETF (NYSEARCA:GDX)

NBT Bank N A NY grew its stake in VanEck Gold Miners ETF (NYSEARCA:GDX) by 9.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 68,848 shares of the exchange traded fund’s stock after acquiring an additional 5,863 shares during the period. NBT Bank N A NY’s holdings in VanEck Gold Miners ETF were worth $2,335,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Atomi Financial Group Inc. raised its stake in shares of VanEck Gold Miners ETF by 5.5% in the fourth quarter. Atomi Financial Group Inc. now owns 8,804 shares of the exchange traded fund’s stock worth $299,000 after acquiring an additional 462 shares during the last quarter. Fifth Third Wealth Advisors LLC raised its stake in shares of VanEck Gold Miners ETF by 12.8% during the fourth quarter. Fifth Third Wealth Advisors LLC now owns 11,500 shares of the exchange traded fund’s stock worth $390,000 after buying an additional 1,301 shares during the last quarter. Tandem Financial LLC bought a new stake in shares of VanEck Gold Miners ETF during the fourth quarter worth approximately $7,621,000. Van ECK Associates Corp raised its stake in shares of VanEck Gold Miners ETF by 22.6% during the fourth quarter. Van ECK Associates Corp now owns 39,147 shares of the exchange traded fund’s stock worth $1,327,000 after buying an additional 7,212 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. raised its stake in shares of VanEck Gold Miners ETF by 26.2% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 41,000 shares of the exchange traded fund’s stock worth $1,385,000 after buying an additional 8,500 shares during the last quarter.

VanEck Gold Miners ETF Price Performance

GDX opened at $40.51 on Tuesday. The company has a market cap of $13.63 billion, a price-to-earnings ratio of 22.76 and a beta of 0.96. The firm has a 50 day simple moving average of $38.83 and a 200 day simple moving average of $38.66. VanEck Gold Miners ETF has a fifty-two week low of $28.91 and a fifty-two week 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.