Perigon Wealth Management LLC Sells 960 Shares of VanEck Vectors Gold Miners ETF (NYSEARCA:GDX)

Perigon Wealth Management LLC reduced its stake in VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) by 11.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,662 shares of the exchange traded fund’s stock after selling 960 shares during the period. Perigon Wealth Management LLC’s holdings in VanEck Vectors Gold Miners ETF were worth $281,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in GDX. Yong Rong HK Asset Management Ltd bought a new position in VanEck Vectors Gold Miners ETF in the first quarter worth about $1,000,000. JPMorgan Chase & Co. increased its stake in shares of VanEck Vectors Gold Miners ETF by 204.7% during the first quarter. JPMorgan Chase & Co. now owns 14,358,675 shares of the exchange traded fund’s stock valued at $330,824,000 after purchasing an additional 9,645,959 shares in the last quarter. Alaska Permanent Fund Corp bought a new position in shares of VanEck Vectors Gold Miners ETF during the first quarter valued at approximately $133,266,000. Morgan Stanley increased its stake in shares of VanEck Vectors Gold Miners ETF by 29.8% during the first quarter. Morgan Stanley now owns 11,653,212 shares of the exchange traded fund’s stock valued at $268,490,000 after purchasing an additional 2,672,312 shares in the last quarter. Finally, Synovus Financial Corp increased its stake in shares of VanEck Vectors Gold Miners ETF by 86.5% during the first quarter. Synovus Financial Corp now owns 4,449,117 shares of the exchange traded fund’s stock valued at $102,487,000 after purchasing an additional 2,063,603 shares in the last quarter.

Shares of NYSEARCA GDX opened at $42.94 on Friday. VanEck Vectors Gold Miners ETF has a fifty-two week low of $16.18 and a fifty-two week high of $44.46. The company has a 50 day simple moving average of $37.21 and a two-hundred day simple moving average of $31.54.

VanEck Vectors 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.

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

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