VanEck Semiconductor ETF $SMH is Orleans Capital Management Corp LA’s 5th Largest Position

Orleans Capital Management Corp LA lowered its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 27.9% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 15,041 shares of the company’s stock after selling 5,828 shares during the quarter. VanEck Semiconductor ETF accounts for about 3.2% of Orleans Capital Management Corp LA’s holdings, making the stock its 5th biggest position. Orleans Capital Management Corp LA’s holdings in VanEck Semiconductor ETF were worth $4,909,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in SMH. Wealth Enhancement Advisory Services LLC lifted its position in shares of VanEck Semiconductor ETF by 5.4% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 32,403 shares of the company’s stock valued at $10,921,000 after acquiring an additional 1,666 shares during the period. Bright Futures Wealth Management LLC. acquired a new stake in shares of VanEck Semiconductor ETF in the 3rd quarter worth approximately $1,934,000. Element Wealth LLC acquired a new stake in shares of VanEck Semiconductor ETF in the 3rd quarter worth approximately $515,000. AE Wealth Management LLC grew its holdings in shares of VanEck Semiconductor ETF by 168.8% in the 2nd quarter. AE Wealth Management LLC now owns 49,509 shares of the company’s stock worth $13,807,000 after acquiring an additional 31,089 shares during the period. Finally, Farther Finance Advisors LLC increased its stake in VanEck Semiconductor ETF by 136.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 10,450 shares of the company’s stock valued at $3,407,000 after purchasing an additional 6,026 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of SMH stock opened at $380.56 on Friday. The stock has a fifty day moving average price of $397.18 and a 200 day moving average price of $356.50. The stock has a market cap of $41.59 billion, a PE ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a 1 year low of $170.11 and a 1 year high of $427.94.

VanEck Semiconductor ETF Announces Dividend

The company also recently declared an annual dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were given a $1.1047 dividend. The ex-dividend date was Monday, December 22nd. This represents a dividend 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.