Jones Financial Companies Lllp Raises Stake in VanEck Semiconductor ETF $SMH

Jones Financial Companies Lllp boosted its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 23.3% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 134,635 shares of the company’s stock after purchasing an additional 25,422 shares during the quarter. Jones Financial Companies Lllp’s holdings in VanEck Semiconductor ETF were worth $43,329,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of SMH. Trust Co. of Toledo NA OH acquired a new position in VanEck Semiconductor ETF during the second quarter valued at $25,000. Realta Investment Advisors raised its stake in shares of VanEck Semiconductor ETF by 84.4% during the 3rd quarter. Realta Investment Advisors now owns 83 shares of the company’s stock valued at $27,000 after buying an additional 38 shares during the last quarter. Hilltop National Bank acquired a new position in shares of VanEck Semiconductor ETF in the 2nd quarter valued at about $28,000. Fourth Dimension Wealth LLC acquired a new position in shares of VanEck Semiconductor ETF in the 2nd quarter valued at about $28,000. Finally, Hazlett Burt & Watson Inc. boosted its stake in shares of VanEck Semiconductor ETF by 61.1% in the second quarter. Hazlett Burt & Watson Inc. now owns 116 shares of the company’s stock worth $31,000 after buying an additional 44 shares during the last quarter.

VanEck Semiconductor ETF Stock Up 1.1%

VanEck Semiconductor ETF stock opened at $407.91 on Tuesday. The business’s 50-day moving average price is $374.92 and its 200 day moving average price is $338.38. The firm has a market cap of $44.36 billion, a price-to-earnings ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a 52 week low of $170.11 and a 52 week high of $420.60.

VanEck Semiconductor ETF Announces Dividend

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

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.