WBI Investments LLC Purchases 1,580 Shares of VanEck Semiconductor ETF $SMH

WBI Investments LLC boosted its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 43.2% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 5,241 shares of the company’s stock after purchasing an additional 1,580 shares during the period. WBI Investments LLC’s holdings in VanEck Semiconductor ETF were worth $1,710,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SMH. Wealth Enhancement Advisory Services LLC grew its position in VanEck Semiconductor ETF by 5.4% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 32,403 shares of the company’s stock worth $10,921,000 after acquiring an additional 1,666 shares during the last quarter. Bright Futures Wealth Management LLC. bought a new position in VanEck Semiconductor ETF in the 3rd quarter valued at $1,934,000. Element Wealth LLC bought a new position in VanEck Semiconductor ETF in the 3rd quarter valued at $515,000. Farther Finance Advisors LLC boosted its stake in VanEck Semiconductor ETF by 136.2% in the third quarter. Farther Finance Advisors LLC now owns 10,450 shares of the company’s stock worth $3,407,000 after purchasing an additional 6,026 shares in the last quarter. Finally, Carter Financial Group INC. bought a new stake in shares of VanEck Semiconductor ETF during the second quarter worth $1,072,000.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ:SMH opened at $396.88 on Wednesday. The business has a fifty day moving average of $400.63 and a 200-day moving average of $362.37. VanEck Semiconductor ETF has a twelve month low of $170.11 and a twelve month high of $427.94. The firm has a market cap of $43.38 billion, a PE ratio of 34.83 and a beta of 1.52.

VanEck Semiconductor ETF Announces Dividend

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

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.