VanEck Semiconductor ETF $SMH Shares Purchased by Assetmark Inc.

Assetmark Inc. raised its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 129.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 50,007 shares of the company’s stock after buying an additional 28,227 shares during the quarter. Assetmark Inc.’s holdings in VanEck Semiconductor ETF were worth $16,320,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. AQR Capital Management LLC boosted its stake in shares of VanEck Semiconductor ETF by 4.8% during the first quarter. AQR Capital Management LLC now owns 2,381 shares of the company’s stock valued at $504,000 after acquiring an additional 109 shares during the last quarter. Empowered Funds LLC grew its holdings in shares of VanEck Semiconductor ETF by 32.5% during the first quarter. Empowered Funds LLC now owns 11,789 shares of the company’s stock worth $2,493,000 after buying an additional 2,890 shares in the last quarter. CWM LLC grew its holdings in shares of VanEck Semiconductor ETF by 4.5% during the second quarter. CWM LLC now owns 9,720 shares of the company’s stock worth $2,711,000 after buying an additional 423 shares in the last quarter. Allspring Global Investments Holdings LLC raised its position in shares of VanEck Semiconductor ETF by 13.0% in the second quarter. Allspring Global Investments Holdings LLC now owns 3,469 shares of the company’s stock valued at $967,000 after buying an additional 400 shares during the last quarter. Finally, RFG Advisory LLC lifted its stake in shares of VanEck Semiconductor ETF by 13.5% during the second quarter. RFG Advisory LLC now owns 1,509 shares of the company’s stock valued at $421,000 after buying an additional 180 shares during the period.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ SMH opened at $407.71 on Friday. The firm has a market cap of $44.56 billion, a P/E 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 $420.60. The firm’s 50 day moving average price is $383.16 and its 200 day moving average price is $345.04.

VanEck Semiconductor ETF Dividend Announcement

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

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.