VanEck Semiconductor ETF $SMH Shares Bought by Wealthfront Advisers LLC

Wealthfront Advisers LLC lifted its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 5.1% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 91,510 shares of the company’s stock after acquiring an additional 4,433 shares during the quarter. Wealthfront Advisers LLC owned 0.09% of VanEck Semiconductor ETF worth $29,865,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. Alpha Cubed Investments LLC lifted its holdings in shares of VanEck Semiconductor ETF by 2.5% in the third quarter. Alpha Cubed Investments LLC now owns 1,170 shares of the company’s stock valued at $382,000 after purchasing an additional 28 shares in the last quarter. Hazlett Burt & Watson Inc. boosted its stake in shares of VanEck Semiconductor ETF by 24.1% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 144 shares of the company’s stock valued at $46,000 after buying an additional 28 shares during the period. Klingman & Associates LLC grew its holdings in shares of VanEck Semiconductor ETF by 2.7% during the 3rd quarter. Klingman & Associates LLC now owns 1,100 shares of the company’s stock valued at $359,000 after acquiring an additional 29 shares in the last quarter. Global Financial Private Client LLC grew its holdings in shares of VanEck Semiconductor ETF by 0.8% during the 3rd quarter. Global Financial Private Client LLC now owns 3,947 shares of the company’s stock valued at $1,288,000 after acquiring an additional 32 shares in the last quarter. Finally, Abound Wealth Management increased its stake in shares of VanEck Semiconductor ETF by 4.2% in the third quarter. Abound Wealth Management now owns 848 shares of the company’s stock worth $277,000 after acquiring an additional 34 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of VanEck Semiconductor ETF stock opened at $406.65 on Tuesday. The firm has a market cap of $44.44 billion, a price-to-earnings ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a 52-week low of $170.11 and a 52-week high of $420.60. The stock has a 50-day simple moving average of $379.49 and a 200-day simple moving average of $342.11.

VanEck Semiconductor ETF Announces Dividend

The company also recently announced an annual dividend, which was paid on Friday, December 26th. Investors of record on Monday, December 22nd were given a dividend of $1.1047 per share. The ex-dividend date was Monday, December 22nd. This represents a dividend yield of 31.0%.

About VanEck Semiconductor ETF

The VanEck Semiconductor ETF (SMH) is an exchange-traded fund that is based on the MVIS US Listed Semiconductor 25 index, a market-cap-weighted index of 25 of the largest US-listed semiconductors companies. SMH was launched on May 5, 2000 and is managed by VanEck.