Patton Albertson Miller Group LLC Lowers Holdings in VanEck Vectors Gold Miners ETF (NYSEARCA:GDX)

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Patton Albertson Miller Group LLC trimmed its holdings in VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) by 6.2% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 11,409 shares of the exchange traded fund’s stock after selling 750 shares during the period. Patton Albertson Miller Group LLC’s holdings in VanEck Vectors Gold Miners ETF were worth $418,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the stock. J.W. Cole Advisors Inc. purchased a new position in VanEck Vectors Gold Miners ETF in the second quarter worth approximately $1,527,000. PNC Financial Services Group Inc. boosted its position in shares of VanEck Vectors Gold Miners ETF by 7.3% during the second quarter. PNC Financial Services Group Inc. now owns 43,782 shares of the exchange traded fund’s stock worth $1,605,000 after buying an additional 2,982 shares during the period. Rathbone Brothers plc boosted its position in shares of VanEck Vectors Gold Miners ETF by 3.5% during the second quarter. Rathbone Brothers plc now owns 14,860 shares of the exchange traded fund’s stock worth $545,000 after buying an additional 500 shares during the period. Gainplan LLC boosted its position in shares of VanEck Vectors Gold Miners ETF by 202.2% during the second quarter. Gainplan LLC now owns 166,232 shares of the exchange traded fund’s stock worth $6,097,000 after buying an additional 111,232 shares during the period. Finally, Condor Capital Management purchased a new position in shares of VanEck Vectors Gold Miners ETF during the second quarter worth $257,000.

Shares of GDX traded up $0.81 during midday trading on Thursday, hitting $41.82. 1,958,212 shares of the stock were exchanged, compared to its average volume of 48,585,039. VanEck Vectors Gold Miners ETF has a 52-week low of $16.18 and a 52-week high of $45.78. The stock has a fifty day simple moving average of $40.01 and a 200 day simple moving average of $32.67.

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.

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

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