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

Traders sold shares of VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) on strength during trading on Thursday. $32.47 million flowed into the stock on the tick-up and $63.07 million flowed out of the stock on the tick-down, for a money net flow of $30.60 million out of the stock. Of all stocks tracked, VanEck Vectors Gold Miners ETF had the 11th highest net out-flow for the day. VanEck Vectors Gold Miners ETF traded up $0.04 for the day and closed at $23.20

The firm has a market cap of $8,030.00 and a price-to-earnings ratio of -7.23.

The company also recently disclosed an annual dividend, which was paid on Friday, December 22nd. Shareholders of record on Tuesday, December 19th were issued 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 of this dividend was Monday, December 18th. VanEck Vectors Gold Miners ETF’s dividend payout ratio is -7.17%.

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. M&T Bank Corp grew its holdings in VanEck Vectors Gold Miners ETF by 0.7% during the second quarter. M&T Bank Corp now owns 12,799 shares of the exchange traded fund’s stock valued at $282,000 after purchasing an additional 84 shares during the period. Oppenheimer Asset Management Inc. boosted 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 acquiring an additional 171 shares during the period. First Allied Advisory Services Inc. boosted 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 acquiring an additional 190 shares during the period. Bard Associates Inc. boosted 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 acquiring an additional 215 shares during the period. Finally, Oppenheimer & Close LLC boosted 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 acquiring an additional 580 shares during the period.

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