Schnieders Capital Management LLC Has $834,000 Stock Position in iShares Semiconductor ETF $SOXX

Schnieders Capital Management LLC increased its stake in shares of iShares Semiconductor ETF (NASDAQ:SOXX) by 102.6% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,495 shares of the exchange traded fund’s stock after purchasing an additional 1,770 shares during the period. Schnieders Capital Management LLC’s holdings in iShares Semiconductor ETF were worth $834,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. CWM LLC grew its stake in shares of iShares Semiconductor ETF by 1.0% during the second quarter. CWM LLC now owns 4,846 shares of the exchange traded fund’s stock worth $1,157,000 after purchasing an additional 49 shares during the period. RB Capital Management LLC grew its stake in shares of iShares Semiconductor ETF by 2.7% during the second quarter. RB Capital Management LLC now owns 2,033 shares of the exchange traded fund’s stock worth $485,000 after purchasing an additional 53 shares during the period. Signature Estate & Investment Advisors LLC grew its stake in shares of iShares Semiconductor ETF by 4.7% during the first quarter. Signature Estate & Investment Advisors LLC now owns 1,194 shares of the exchange traded fund’s stock worth $225,000 after purchasing an additional 54 shares during the period. Money Concepts Capital Corp grew its stake in shares of iShares Semiconductor ETF by 0.5% during the first quarter. Money Concepts Capital Corp now owns 11,090 shares of the exchange traded fund’s stock worth $2,087,000 after purchasing an additional 58 shares during the period. Finally, AE Wealth Management LLC grew its stake in iShares Semiconductor ETF by 1.5% in the first quarter. AE Wealth Management LLC now owns 4,312 shares of the exchange traded fund’s stock valued at $811,000 after acquiring an additional 62 shares during the period.

iShares Semiconductor ETF Trading Down 0.3%

NASDAQ:SOXX opened at $288.17 on Monday. iShares Semiconductor ETF has a 1 year low of $148.31 and a 1 year high of $292.51. The stock has a market cap of $15.26 billion, a price-to-earnings ratio of 31.84 and a beta of 1.34. The stock has a 50-day moving average price of $261.89 and a two-hundred day moving average price of $230.01.

iShares Semiconductor ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 19th. Shareholders of record on Tuesday, September 16th were paid a $0.5407 dividend. The ex-dividend date of this dividend was Tuesday, September 16th. This is a positive change from iShares Semiconductor ETF’s previous quarterly dividend of $0.48. This represents a $2.16 dividend on an annualized basis and a yield of 0.8%.

iShares Semiconductor ETF Profile

iShares PHLX Semiconductor ETF, formerly iShares PHLX SOX Semiconductor Sector Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the United States-listed semiconductor stocks as represented by the PHLX Semiconductor Sector Index (the Index).