VanEck Semiconductor ETF (NASDAQ:SMH) Shares Sold by NewEdge Wealth LLC

NewEdge Wealth LLC reduced its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 5.3% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 124,621 shares of the company’s stock after selling 6,965 shares during the quarter. NewEdge Wealth LLC owned approximately 0.13% of VanEck Semiconductor ETF worth $30,180,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Hartford Financial Management Inc. boosted its holdings in shares of VanEck Semiconductor ETF by 61.9% in the 4th quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock valued at $25,000 after purchasing an additional 39 shares during the last quarter. Nvwm LLC raised its position in shares of VanEck Semiconductor ETF by 2.2% in the 3rd quarter. Nvwm LLC now owns 1,867 shares of the company’s stock worth $458,000 after buying an additional 41 shares during the period. Prime Capital Investment Advisors LLC boosted its holdings in VanEck Semiconductor ETF by 4.3% in the third quarter. Prime Capital Investment Advisors LLC now owns 1,011 shares of the company’s stock valued at $248,000 after acquiring an additional 42 shares during the last quarter. Allworth Financial LP boosted its holdings in VanEck Semiconductor ETF by 5.1% in the third quarter. Allworth Financial LP now owns 892 shares of the company’s stock valued at $219,000 after acquiring an additional 43 shares during the last quarter. Finally, Clarity Capital Partners LLC grew its position in VanEck Semiconductor ETF by 2.8% during the third quarter. Clarity Capital Partners LLC now owns 1,590 shares of the company’s stock valued at $390,000 after acquiring an additional 44 shares during the period.

VanEck Semiconductor ETF Price Performance

VanEck Semiconductor ETF stock opened at $243.82 on Thursday. The company has a market cap of $23.09 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 12 month low of $198.44 and a 12 month high of $283.07. The stock’s 50-day moving average is $249.39 and its 200-day moving average is $246.09.

VanEck Semiconductor ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 24th. Investors of record on Monday, December 23rd were issued a $1.0713 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

VanEck Semiconductor ETF Company 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.