Advisors Capital Management LLC Buys Shares of 1,399 VanEck Semiconductor ETF $SMH

Advisors Capital Management LLC acquired a new stake in VanEck Semiconductor ETF (NASDAQ:SMH) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 1,399 shares of the company’s stock, valued at approximately $457,000.

Several other large investors have also recently bought and sold shares of the business. AQR Capital Management LLC increased its stake in VanEck Semiconductor ETF by 4.8% in the 1st quarter. AQR Capital Management LLC now owns 2,381 shares of the company’s stock valued at $504,000 after purchasing an additional 109 shares in the last quarter. Empowered Funds LLC raised its holdings in shares of VanEck Semiconductor ETF by 32.5% in the 1st quarter. Empowered Funds LLC now owns 11,789 shares of the company’s stock worth $2,493,000 after purchasing an additional 2,890 shares during the period. D.A. Davidson & CO. grew its stake in VanEck Semiconductor ETF by 27.7% during the second quarter. D.A. Davidson & CO. now owns 25,752 shares of the company’s stock worth $7,182,000 after buying an additional 5,580 shares during the period. Brookstone Capital Management increased its holdings in VanEck Semiconductor ETF by 105.0% in the 2nd quarter. Brookstone Capital Management now owns 22,368 shares of the company’s stock valued at $6,238,000 after purchasing an additional 11,456 shares in the last quarter. Finally, Carnegie Investment Counsel lifted its position in VanEck Semiconductor ETF by 134.4% during the 2nd quarter. Carnegie Investment Counsel now owns 6,802 shares of the company’s stock worth $1,897,000 after acquiring an additional 3,900 shares in the last quarter.

VanEck Semiconductor ETF Trading Up 1.2%

SMH opened at $415.03 on Friday. VanEck Semiconductor ETF has a twelve month low of $170.11 and a twelve month high of $420.60. The firm has a market cap of $45.36 billion, a price-to-earnings ratio of 34.83 and a beta of 1.52. The company has a fifty day simple moving average of $387.49 and a 200 day simple moving average of $348.85.

VanEck Semiconductor ETF Announces Dividend

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

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.