VanEck Semiconductor ETF $SMH Shares Sold by Diversify Advisory Services LLC

Diversify Advisory Services LLC lessened its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 60.5% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 13,558 shares of the company’s stock after selling 20,768 shares during the quarter. Diversify Advisory Services LLC’s holdings in VanEck Semiconductor ETF were worth $4,425,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the stock. Alpha Cubed Investments LLC increased its stake in shares of VanEck Semiconductor ETF by 2.5% during the third quarter. Alpha Cubed Investments LLC now owns 1,170 shares of the company’s stock worth $382,000 after purchasing an additional 28 shares in the last quarter. Hazlett Burt & Watson Inc. raised its position in shares of VanEck Semiconductor ETF by 24.1% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 144 shares of the company’s stock worth $46,000 after purchasing an additional 28 shares during the last quarter. Klingman & Associates LLC lifted its stake in VanEck Semiconductor ETF by 2.7% in the 3rd quarter. Klingman & Associates LLC now owns 1,100 shares of the company’s stock valued at $359,000 after buying an additional 29 shares in the last quarter. Global Financial Private Client LLC boosted its holdings in VanEck Semiconductor ETF by 0.8% in the 3rd quarter. Global Financial Private Client LLC now owns 3,947 shares of the company’s stock worth $1,288,000 after buying an additional 32 shares during the last quarter. Finally, Abound Wealth Management boosted its holdings in 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.

VanEck Semiconductor ETF Trading Down 3.7%

NASDAQ:SMH opened at $380.56 on Monday. The stock has a 50 day moving average of $397.18 and a two-hundred day moving average of $357.44. VanEck Semiconductor ETF has a 12 month low of $170.11 and a 12 month high of $427.94. The firm has a market cap of $41.59 billion, a P/E ratio of 34.83 and a beta of 1.52.

VanEck Semiconductor ETF Announces Dividend

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