Zhang Financial LLC Raises Holdings in VanEck Semiconductor ETF $SMH

Zhang Financial LLC lifted its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 89.5% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,712 shares of the company’s stock after buying an additional 1,281 shares during the quarter. Zhang Financial LLC’s holdings in VanEck Semiconductor ETF were worth $885,000 as of its most recent SEC filing.

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

VanEck Semiconductor ETF Stock Up 1.7%

NASDAQ:SMH opened at $426.16 on Thursday. VanEck Semiconductor ETF has a 52-week low of $170.11 and a 52-week high of $427.94. The stock has a fifty day simple moving average of $391.77 and a 200-day simple moving average of $351.99. The company has a market capitalization of $46.58 billion, a PE ratio of 34.83 and a beta of 1.52.

VanEck Semiconductor ETF Announces Dividend

The firm also recently announced an annual dividend, which was paid on Friday, December 26th. Shareholders 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 yield of 31.0%.

VanEck Semiconductor ETF 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.