Investors Buy VanEck Vectors Junior Gold Miners ETF (GDXJ) on Weakness

Investors purchased shares of VanEck Vectors Junior Gold Miners ETF (NYSEARCA:GDXJ) on weakness during trading on Thursday. $70.35 million flowed into the stock on the tick-up and $19.19 million flowed out of the stock on the tick-down, for a money net flow of $51.16 million into the stock. Of all stocks tracked, VanEck Vectors Junior Gold Miners ETF had the 4th highest net in-flow for the day. VanEck Vectors Junior Gold Miners ETF traded down ($0.01) for the day and closed at $34.25

The firm also recently declared an annual dividend, which was paid on Friday, December 22nd. Shareholders of record on Tuesday, December 19th were paid a dividend of $0.011 per share. This represents a dividend yield of 0.03%. The ex-dividend date was Monday, December 18th.

Several hedge funds have recently bought and sold shares of the business. Virtu Financial LLC raised its stake in shares of VanEck Vectors Junior Gold Miners ETF by 37.7% during the third quarter. Virtu Financial LLC now owns 1,611,974 shares of the exchange traded fund’s stock worth $53,677,000 after acquiring an additional 441,661 shares in the last quarter. Glovista Investments LLC grew its holdings in shares of VanEck Vectors Junior Gold Miners ETF by 99.6% in the third quarter. Glovista Investments LLC now owns 349,272 shares of the exchange traded fund’s stock worth $11,731,000 after purchasing an additional 174,248 shares during the last quarter. AMP Capital Investors Ltd bought a new position in shares of VanEck Vectors Junior Gold Miners ETF in the third quarter worth approximately $2,372,000. Stifel Financial Corp boosted its holdings in VanEck Vectors Junior Gold Miners ETF by 26.5% in the third quarter. Stifel Financial Corp now owns 34,585 shares of the exchange traded fund’s stock valued at $1,152,000 after acquiring an additional 7,254 shares in the last quarter. Finally, Royce & Associates LP boosted its holdings in VanEck Vectors Junior Gold Miners ETF by 165.2% in the third quarter. Royce & Associates LP now owns 19,600 shares of the exchange traded fund’s stock valued at $658,000 after acquiring an additional 12,210 shares in the last quarter.

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VanEck Vectors Junior Gold Miners ETF Company Profile

Market Vectors Junior Gold Miners ETF (the Fund) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Market Vectors Junior Gold Miners Index (the Index). The Index provides exposure to a global universe of publicly traded small- and medium-capitalization companies that generate at least 50% of their revenues from gold and/or silver mining, hold real property that has the potential to produce at least 50% of the Company’s revenue from gold or silver mining when developed, or primarily invest in gold or silver.

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