Valley Wealth Managers Inc. Purchases Shares of 319 VanEck Retail ETF (NASDAQ:RTH)

Valley Wealth Managers Inc. purchased a new stake in VanEck Retail ETF (NASDAQ:RTH) in the fourth quarter, HoldingsChannel.com reports. The firm purchased 319 shares of the company’s stock, valued at approximately $72,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Great Diamond Partners LLC lifted its holdings in shares of 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. FMR LLC lifted its holdings in shares of VanEck Retail ETF by 19.9% during the third quarter. FMR LLC now owns 1,128 shares of the company’s stock worth $246,000 after purchasing an additional 187 shares during the period. MML Investors Services LLC lifted its holdings in shares of VanEck Retail ETF by 18.8% during the third quarter. MML Investors Services LLC now owns 1,557 shares of the company’s stock worth $340,000 after purchasing an additional 246 shares during the period. Comprehensive Wealth Management LLC lifted its holdings in shares of 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. Finally, Princeton Global Asset Management LLC acquired a new stake in shares of VanEck Retail ETF during the fourth quarter worth about $79,000. 25.85% of the stock is currently owned by hedge funds and other institutional investors.

VanEck Retail ETF Stock Down 0.5 %

VanEck Retail ETF stock opened at $239.18 on Wednesday. VanEck Retail ETF has a 52 week low of $195.37 and a 52 week high of $242.93. The company has a market capitalization of $236.79 million, a price-to-earnings ratio of 29.36 and a beta of 0.88. The stock has a 50-day moving average price of $233.06 and a 200 day moving average price of $222.52.

VanEck Retail ETF Dividend Announcement

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