Traders Sell VanEck Vectors Gold Miners ETF (GDX) on Strength (GDX)

Investors sold shares of VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) on strength during trading on Friday. $41.55 million flowed into the stock on the tick-up and $148.23 million flowed out of the stock on the tick-down, for a money net flow of $106.68 million out of the stock. Of all companies tracked, VanEck Vectors Gold Miners ETF had the 6th highest net out-flow for the day. VanEck Vectors Gold Miners ETF traded up $0.26 for the day and closed at $22.89

The company has a market cap of $7,960.00 and a PE ratio of -7.13.

The firm also recently announced an annual dividend, which will be paid on Friday, December 22nd. Investors of record on Tuesday, December 19th will be given a dividend of $0.176 per share. This represents a yield of 0.79%. This is a positive change from VanEck Vectors Gold Miners ETF’s previous annual dividend of $0.06. The ex-dividend date is Monday, December 18th. VanEck Vectors Gold Miners ETF’s payout ratio is -5.61%.

Several institutional investors and hedge funds have recently bought and sold shares of GDX. M&T Bank Corp lifted its holdings in shares of VanEck Vectors Gold Miners ETF by 0.7% in the second quarter. M&T Bank Corp now owns 12,799 shares of the exchange traded fund’s stock worth $282,000 after buying an additional 84 shares in the last quarter. Oppenheimer Asset Management Inc. lifted its holdings in shares of VanEck Vectors Gold Miners ETF by 3.9% in the second quarter. Oppenheimer Asset Management Inc. now owns 4,558 shares of the exchange traded fund’s stock worth $101,000 after buying an additional 171 shares in the last quarter. First Allied Advisory Services Inc. lifted its holdings in shares of VanEck Vectors Gold Miners ETF by 1.5% in the second quarter. First Allied Advisory Services Inc. now owns 12,587 shares of the exchange traded fund’s stock worth $277,000 after buying an additional 190 shares in the last quarter. Bard Associates Inc. lifted its holdings in shares of VanEck Vectors Gold Miners ETF by 1.9% in the second quarter. Bard Associates Inc. now owns 11,610 shares of the exchange traded fund’s stock worth $256,000 after buying an additional 215 shares in the last quarter. Finally, Oppenheimer & Close LLC lifted its holdings in shares of VanEck Vectors Gold Miners ETF by 0.7% in the second quarter. Oppenheimer & Close LLC now owns 78,750 shares of the exchange traded fund’s stock worth $1,738,000 after buying an additional 580 shares in the last quarter.

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VanEck Vectors Gold Miners ETF Company Profile

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