SOL Capital Management CO Decreases Stake in VanEck Vectors Gold Miners ETF (GDX)

SOL Capital Management CO lessened its position in VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) by 16.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 16,300 shares of the exchange traded fund’s stock after selling 3,250 shares during the quarter. SOL Capital Management CO’s holdings in VanEck Vectors Gold Miners ETF were worth $365,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in GDX. Vontobel Swiss Wealth Advisors AG grew its position in shares of VanEck Vectors Gold Miners ETF by 15.0% in the 4th quarter. Vontobel Swiss Wealth Advisors AG now owns 30,555 shares of the exchange traded fund’s stock worth $644,000 after buying an additional 3,985 shares during the last quarter. Hexavest Inc. lifted its stake in VanEck Vectors Gold Miners ETF by 52.4% during the 4th quarter. Hexavest Inc. now owns 14,087,411 shares of the exchange traded fund’s stock valued at $297,103,000 after acquiring an additional 4,842,118 shares during the period. White Lighthouse Investment Management Inc. acquired a new stake in VanEck Vectors Gold Miners ETF during the 4th quarter valued at approximately $237,000. Canada Pension Plan Investment Board lifted its stake in VanEck Vectors Gold Miners ETF by 16.8% during the 4th quarter. Canada Pension Plan Investment Board now owns 27,100,000 shares of the exchange traded fund’s stock valued at $571,491,000 after acquiring an additional 3,900,000 shares during the period. Finally, Homrich & Berg lifted its stake in VanEck Vectors Gold Miners ETF by 4.4% during the 4th quarter. Homrich & Berg now owns 39,690 shares of the exchange traded fund’s stock valued at $837,000 after acquiring an additional 1,660 shares during the period.

NYSEARCA GDX traded up $0.13 on Friday, hitting $20.57. 1,700,497 shares of the company’s stock traded hands, compared to its average volume of 40,927,922. VanEck Vectors Gold Miners ETF has a 1-year low of $17.28 and a 1-year high of $23.70.

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About VanEck Vectors 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.

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

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