JBR Co Financial Management Inc Buys 3,345 Shares of VanEck Retail ETF (NASDAQ:RTH)

JBR Co Financial Management Inc grew its stake in VanEck Retail ETF (NASDAQ:RTH) by 90.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,047 shares of the company’s stock after acquiring an additional 3,345 shares during the period. JBR Co Financial Management Inc owned 0.71% of VanEck Retail ETF worth $1,580,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. Great Diamond Partners LLC grew its holdings in VanEck Retail ETF by 0.6% during the fourth quarter. Great Diamond Partners LLC now owns 8,831 shares of the company’s stock worth $1,980,000 after purchasing an additional 53 shares during the period. Park Avenue Securities LLC bought a new position in VanEck Retail ETF during the fourth quarter worth about $1,503,000. Comprehensive Wealth Management LLC grew its holdings in VanEck Retail ETF by 6.0% during the third quarter. Comprehensive Wealth Management LLC now owns 4,914 shares of the company’s stock worth $1,072,000 after purchasing an additional 279 shares during the period. Kestra Private Wealth Services LLC grew its holdings in VanEck Retail ETF by 21.6% during the fourth quarter. Kestra Private Wealth Services LLC now owns 2,729 shares of the company’s stock worth $612,000 after purchasing an additional 485 shares during the period. Finally, Q3 Asset Management bought a new position in VanEck Retail ETF during the fourth quarter worth about $371,000. Institutional investors own 25.85% of the company’s stock.

VanEck Retail ETF Stock Performance

VanEck Retail ETF stock opened at $232.89 on Friday. VanEck Retail ETF has a 52 week low of $195.37 and a 52 week high of $242.93. The stock has a market capitalization of $230.56 million, a P/E ratio of 29.36 and a beta of 0.88. The stock has a 50-day simple moving average of $233.04 and a 200 day simple moving average of $223.16.

VanEck Retail ETF Announces Dividend

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

VanEck Retail ETF Company 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.