VanEck Gold Miners ETF (NYSEARCA:GDX) Sets New 1-Year Low at $30.08

VanEck Gold Miners ETF (NYSEARCA:GDX) reached a new 52-week low on Monday . The stock traded as low as $30.08 and last traded at $30.25, with a volume of 202467 shares. The stock had previously closed at $30.58.

The company’s fifty day moving average price is $32.75 and its two-hundred day moving average price is $34.59.

Institutional investors have recently modified their holdings of the stock. Stonebridge Capital Advisors LLC acquired a new stake in shares of VanEck Gold Miners ETF in the first quarter valued at approximately $28,000. Capital Analysts LLC acquired a new stake in shares of VanEck Gold Miners ETF in the first quarter valued at approximately $32,000. Ameritas Investment Company LLC acquired a new stake in shares of VanEck Gold Miners ETF in the first quarter valued at approximately $38,000. Jacobi Capital Management LLC increased its holdings in shares of VanEck Gold Miners ETF by 55.5% in the second quarter. Jacobi Capital Management LLC now owns 1,866 shares of the exchange traded fund’s stock valued at $63,000 after purchasing an additional 666 shares in the last quarter. Finally, Princeton Global Asset Management LLC increased its holdings in shares of VanEck Gold Miners ETF by 5,622.9% in the second quarter. Princeton Global Asset Management LLC now owns 2,003 shares of the exchange traded fund’s stock valued at $68,000 after purchasing an additional 1,968 shares in the last quarter.

About VanEck Gold Miners ETF (NYSEARCA:GDX)

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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