BLVD Private Wealth LLC Sells 1,629 Shares of VanEck Semiconductor ETF $SMH

BLVD Private Wealth LLC lowered its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 11.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,536 shares of the company’s stock after selling 1,629 shares during the period. VanEck Semiconductor ETF makes up about 3.5% of BLVD Private Wealth LLC’s holdings, making the stock its 7th biggest position. BLVD Private Wealth LLC’s holdings in VanEck Semiconductor ETF were worth $4,091,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Grove Bank & Trust bought a new position in shares of VanEck Semiconductor ETF in the 2nd quarter worth $25,000. Trust Co. of Toledo NA OH acquired a new position in VanEck Semiconductor ETF during the second quarter worth $25,000. Realta Investment Advisors raised its holdings in VanEck Semiconductor ETF by 84.4% during the third quarter. Realta Investment Advisors now owns 83 shares of the company’s stock worth $27,000 after buying an additional 38 shares during the last quarter. UMB Bank n.a. bought a new position in shares of VanEck Semiconductor ETF in the second quarter valued at $28,000. Finally, Hilltop National Bank acquired a new position in shares of VanEck Semiconductor ETF during the second quarter valued at about $28,000.

VanEck Semiconductor ETF Stock Performance

SMH stock opened at $400.39 on Friday. The business has a 50-day simple moving average of $361.14 and a two-hundred day simple moving average of $328.90. The company has a market capitalization of $42.50 billion, a P/E ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a 52-week low of $170.11 and a 52-week high of $405.31.

VanEck Semiconductor ETF Announces Dividend

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. This represents a dividend yield of 31.0%. The ex-dividend date of this dividend was Monday, December 22nd.

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.