VanEck Semiconductor ETF $SMH Stake Lessened by Kozak & Associates Inc.

Kozak & Associates Inc. decreased its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 11.2% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 66,345 shares of the company’s stock after selling 8,361 shares during the period. VanEck Semiconductor ETF accounts for about 4.3% of Kozak & Associates Inc.’s investment portfolio, making the stock its 11th largest holding. Kozak & Associates Inc. owned 0.07% of VanEck Semiconductor ETF worth $22,577,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. AQR Capital Management LLC boosted its stake in VanEck Semiconductor ETF by 4.8% during the first quarter. AQR Capital Management LLC now owns 2,381 shares of the company’s stock valued at $504,000 after buying an additional 109 shares in the last quarter. Empowered Funds LLC lifted its stake in VanEck Semiconductor ETF by 32.5% during the first quarter. Empowered Funds LLC now owns 11,789 shares of the company’s stock valued at $2,493,000 after purchasing an additional 2,890 shares during the last quarter. SG Americas Securities LLC boosted its holdings in VanEck Semiconductor ETF by 103.5% during the second quarter. SG Americas Securities LLC now owns 3,166 shares of the company’s stock worth $883,000 after buying an additional 94,536 shares in the last quarter. Creative Planning grew its position in VanEck Semiconductor ETF by 3.1% in the second quarter. Creative Planning now owns 36,415 shares of the company’s stock worth $10,155,000 after buying an additional 1,099 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. raised its holdings in VanEck Semiconductor ETF by 22.4% during the 2nd quarter. Nomura Asset Management Co. Ltd. now owns 12,305 shares of the company’s stock worth $3,432,000 after buying an additional 2,250 shares during the period.

VanEck Semiconductor ETF Stock Performance

NASDAQ SMH opened at $396.88 on Wednesday. The stock has a market cap of $43.38 billion, a price-to-earnings 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 firm’s 50 day moving average price is $400.63 and its two-hundred day moving average price is $362.37.

VanEck Semiconductor ETF Announces Dividend

The firm also recently declared an annual dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were issued 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.