VanEck Semiconductor ETF $SMH Stock Holdings Cut by Miller Investment Management LP

Miller Investment Management LP reduced its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 1.5% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 117,189 shares of the company’s stock after selling 1,842 shares during the period. VanEck Semiconductor ETF makes up 3.8% of Miller Investment Management LP’s portfolio, making the stock its 7th largest holding. Miller Investment Management LP owned approximately 0.12% of VanEck Semiconductor ETF worth $38,246,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Insight Advisors LLC PA grew its position in VanEck Semiconductor ETF by 3.9% in the third quarter. Insight Advisors LLC PA now owns 2,396 shares of the company’s stock worth $783,000 after acquiring an additional 91 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of VanEck Semiconductor ETF by 17.4% in the 3rd quarter. EverSource Wealth Advisors LLC now owns 560 shares of the company’s stock valued at $183,000 after purchasing an additional 83 shares during the last quarter. Verus Capital Partners LLC boosted its holdings in shares of VanEck Semiconductor ETF by 3.6% in the 3rd quarter. Verus Capital Partners LLC now owns 1,347 shares of the company’s stock worth $440,000 after purchasing an additional 47 shares during the period. Lowery Thomas LLC increased its position in shares of VanEck Semiconductor ETF by 7.0% during the 3rd quarter. Lowery Thomas LLC now owns 17,920 shares of the company’s stock valued at $5,848,000 after purchasing an additional 1,171 shares during the last quarter. Finally, Clearstead Advisors LLC increased its position in shares of VanEck Semiconductor ETF by 284.0% during the 3rd quarter. Clearstead Advisors LLC now owns 192 shares of the company’s stock valued at $63,000 after purchasing an additional 142 shares during the last quarter.

VanEck Semiconductor ETF Stock Down 0.5%

Shares of SMH opened at $412.88 on Tuesday. The business has a fifty day moving average of $388.69 and a 200 day moving average of $350.58. The company has a market cap of $45.12 billion, a PE 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.

VanEck Semiconductor ETF Dividend Announcement

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