VanEck Semiconductor ETF $SMH Shares Sold by Kaizen Financial Strategies

Kaizen Financial Strategies lessened its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 17.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 9,523 shares of the company’s stock after selling 1,988 shares during the period. VanEck Semiconductor ETF comprises approximately 1.5% of Kaizen Financial Strategies’ investment portfolio, making the stock its 15th largest holding. Kaizen Financial Strategies’ holdings in VanEck Semiconductor ETF were worth $3,343,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Realta Investment Advisors boosted its holdings in VanEck Semiconductor ETF by 84.4% during the third quarter. Realta Investment Advisors now owns 83 shares of the company’s stock worth $27,000 after buying an additional 38 shares in the last quarter. Fourth Dimension Wealth LLC acquired a new position in shares of VanEck Semiconductor ETF in the second quarter worth about $28,000. Sound Income Strategies LLC raised its position in shares of VanEck Semiconductor ETF by 175.8% in the third quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock worth $31,000 after acquiring an additional 58 shares during the period. Grey Fox Wealth Advisors LLC purchased a new stake in shares of VanEck Semiconductor ETF during the 3rd quarter worth about $31,000. Finally, CX Institutional grew its position in shares of VanEck Semiconductor ETF by 288.5% during the 3rd quarter. CX Institutional now owns 101 shares of the company’s stock valued at $33,000 after acquiring an additional 75 shares during the period.

VanEck Semiconductor ETF Stock Down 3.3%

Shares of VanEck Semiconductor ETF stock opened at $412.01 on Friday. The firm has a market cap of $45.03 billion, a PE ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a twelve month low of $170.11 and a twelve month high of $427.94. The business has a 50-day moving average price of $393.07 and a 200 day moving average price of $352.40.

VanEck Semiconductor ETF Dividend Announcement

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

VanEck Semiconductor ETF Company Profile

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.