VanEck Retail ETF (NASDAQ:RTH) Stock Price Down 0.4% – What’s Next?

VanEck Retail ETF (NASDAQ:RTH) shares traded down 0.4% during trading on Monday . The stock traded as low as $259.59 and last traded at $260.72. 9,961 shares traded hands during mid-day trading, an increase of 83% from the average session volume of 5,442 shares. The stock had previously closed at $261.67.

VanEck Retail ETF Stock Performance

The company has a market cap of $263.33 million, a P/E ratio of 23.92 and a beta of 0.89. The business has a 50 day moving average price of $259.23 and a two-hundred day moving average price of $253.37.

VanEck Retail 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 given a $2.4205 dividend. The ex-dividend date was Monday, December 22nd. This represents a yield of 97.0%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in RTH. Monetary Solutions Ltd purchased a new position in shares of VanEck Retail ETF in the fourth quarter worth $373,000. Strive Financial Group LLC bought a new stake in VanEck Retail ETF in the 4th quarter worth $80,000. NewEdge Advisors LLC increased its position in shares of VanEck Retail ETF by 10.5% in the fourth quarter. NewEdge Advisors LLC now owns 14,622 shares of the company’s stock valued at $3,648,000 after acquiring an additional 1,385 shares during the period. Asset One Wealth Management LLC purchased a new position in shares of VanEck Retail ETF in the fourth quarter valued at about $222,000. Finally, Cetera Investment Advisers raised its stake in shares of VanEck Retail ETF by 14.5% during the fourth quarter. Cetera Investment Advisers now owns 21,029 shares of the company’s stock valued at $5,247,000 after acquiring an additional 2,668 shares during the last quarter. Institutional investors own 25.85% of the company’s stock.

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.