Crown Wealth Group LLC Purchases 2,755 Shares of VanEck Semiconductor ETF $SMH

Crown Wealth Group LLC grew its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 12.7% in the third quarter, according to its most recent filing with the SEC. The fund owned 24,510 shares of the company’s stock after acquiring an additional 2,755 shares during the quarter. VanEck Semiconductor ETF comprises approximately 2.4% of Crown Wealth Group LLC’s holdings, making the stock its 12th largest holding. Crown Wealth Group LLC’s holdings in VanEck Semiconductor ETF were worth $7,999,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Global Financial Private Client LLC raised its stake in VanEck Semiconductor ETF by 0.8% during the third quarter. Global Financial Private Client LLC now owns 3,947 shares of the company’s stock valued at $1,288,000 after purchasing an additional 32 shares in the last quarter. Abound Wealth Management increased its holdings in shares of VanEck Semiconductor ETF by 4.2% in the 3rd quarter. Abound Wealth Management now owns 848 shares of the company’s stock worth $277,000 after buying an additional 34 shares during the last quarter. Smithfield Trust Co raised its position in shares of VanEck Semiconductor ETF by 16.6% during the 2nd quarter. Smithfield Trust Co now owns 253 shares of the company’s stock valued at $71,000 after buying an additional 36 shares in the last quarter. Hall Capital Management Co. Inc. lifted its holdings in shares of VanEck Semiconductor ETF by 0.3% in the 2nd quarter. Hall Capital Management Co. Inc. now owns 12,867 shares of the company’s stock valued at $3,588,000 after acquiring an additional 37 shares during the last quarter. Finally, FSA Advisors Inc. lifted its holdings in shares of VanEck Semiconductor ETF by 3.9% in the 2nd quarter. FSA Advisors Inc. now owns 1,037 shares of the company’s stock valued at $289,000 after acquiring an additional 39 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ SMH opened at $373.30 on Monday. VanEck Semiconductor ETF has a 1-year low of $170.11 and a 1-year high of $376.34. The business’s 50 day moving average is $355.34 and its two-hundred day moving average is $321.05. The stock has a market capitalization of $38.69 billion, a P/E ratio of 34.83 and a beta of 1.52.

VanEck Semiconductor ETF Dividend Announcement

The business also recently announced an annual dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were given a dividend of $1.1047 per share. The ex-dividend date of this dividend was Monday, December 22nd. This represents a dividend yield of 31.0%.

About VanEck Semiconductor ETF

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.