VanEck Vectors Gold Miners ETF (NYSE:GDX) was the recipient of some unusual options trading activity on Wednesday. Investors acquired 15,908 call options on the company. This is an increase of approximately 141% compared to the typical daily volume of 6,601 call options.

Hedge funds have recently bought and sold shares of the stock. Oppenheimer Asset Management Inc. increased its stake in VanEck Vectors Gold Miners ETF by 3.9% in the 2nd 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 during the period. Bronfman E.L. Rothschild L.P. increased its stake in VanEck Vectors Gold Miners ETF by 49.4% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 6,049 shares of the exchange traded fund’s stock worth $134,000 after buying an additional 2,000 shares during the period. Edge Wealth Management LLC increased its stake in VanEck Vectors Gold Miners ETF by 22,623.3% in the 2nd quarter. Edge Wealth Management LLC now owns 6,817 shares of the exchange traded fund’s stock worth $147,000 after buying an additional 6,787 shares during the period. Clear Perspective Advisors LLC purchased a new position in VanEck Vectors Gold Miners ETF in the 2nd quarter worth about $221,000. Finally, Bard Associates Inc. increased its stake in VanEck Vectors Gold Miners ETF by 1.9% in the 2nd 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 during the period.

Shares of VanEck Vectors Gold Miners ETF (NYSE:GDX) opened at 24.13 on Friday. VanEck Vectors Gold Miners ETF has a 52 week low of $18.58 and a 52 week high of $28.56. The stock’s 50 day moving average is $23.59 and its 200-day moving average is $22.81.

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