Princeton Global Asset Management LLC Makes New Investment in VanEck Retail ETF (NASDAQ:RTH)

Princeton Global Asset Management LLC bought a new position in shares of VanEck Retail ETF (NASDAQ:RTH) in the fourth quarter, HoldingsChannel.com reports. The firm bought 353 shares of the company’s stock, valued at approximately $79,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Cetera Investment Advisers grew its stake in VanEck Retail ETF by 7.0% during the second quarter. Cetera Investment Advisers now owns 15,107 shares of the company’s stock worth $3,108,000 after buying an additional 991 shares during the last quarter. Great Diamond Partners LLC grew its position in VanEck Retail ETF by 0.6% in the fourth quarter. Great Diamond Partners LLC now owns 8,831 shares of the company’s stock valued at $1,980,000 after purchasing an additional 53 shares in the last quarter. Park Avenue Securities LLC acquired a new stake in VanEck Retail ETF in the fourth quarter valued at $1,503,000. Comprehensive Wealth Management LLC lifted its stake in shares of VanEck Retail ETF by 6.0% during the 3rd quarter. Comprehensive Wealth Management LLC now owns 4,914 shares of the company’s stock worth $1,072,000 after buying an additional 279 shares during the last quarter. Finally, JBR Co Financial Management Inc raised its stake in VanEck Retail ETF by 5.9% in the 3rd quarter. JBR Co Financial Management Inc now owns 3,702 shares of the company’s stock worth $808,000 after purchasing an additional 206 shares in the last quarter. Institutional investors and hedge funds own 25.85% of the company’s stock.

VanEck Retail ETF Stock Up 0.0 %

RTH stock opened at $239.73 on Tuesday. The firm has a market cap of $237.33 million, a P/E ratio of 29.36 and a beta of 0.88. The company’s 50-day moving average price is $231.44 and its two-hundred day moving average price is $219.56. VanEck Retail ETF has a 12 month low of $194.56 and a 12 month high of $241.78.

VanEck Retail ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were paid a dividend of $1.732 per share. The ex-dividend date was Monday, December 23rd.

VanEck Retail ETF Profile

The VanEck Retail ETF (RTH) is an exchange-traded fund that is based on the MVIS US Listed Retail 25 index, a market-cap-weighted index of the 25 largest US-listed companies that derive most of their revenue from retail. RTH was launched on May 2, 2001 and is managed by VanEck.