37,010 Shares in VanEck Semiconductor ETF $SMH Purchased by GM Advisory Group LLC

GM Advisory Group LLC acquired a new position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 37,010 shares of the company’s stock, valued at approximately $12,078,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Realta Investment Advisors lifted its position in shares of VanEck Semiconductor ETF by 84.4% during the third quarter. Realta Investment Advisors now owns 83 shares of the company’s stock worth $27,000 after purchasing an additional 38 shares in the last quarter. Sound Income Strategies LLC grew its stake in shares of VanEck Semiconductor ETF by 175.8% during the third quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock valued at $31,000 after purchasing an additional 58 shares during the last quarter. Grey Fox Wealth Advisors LLC acquired a new stake in shares of VanEck Semiconductor ETF in the third quarter valued at approximately $31,000. CX Institutional increased its holdings in shares of VanEck Semiconductor ETF by 288.5% in the third quarter. CX Institutional now owns 101 shares of the company’s stock valued at $33,000 after purchasing an additional 75 shares in the last quarter. Finally, Luminist Capital LLC raised its position in VanEck Semiconductor ETF by 42.1% in the 2nd quarter. Luminist Capital LLC now owns 135 shares of the company’s stock worth $37,000 after purchasing an additional 40 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

NASDAQ:SMH opened at $396.88 on Wednesday. The stock’s fifty day moving average price is $400.63 and its two-hundred day moving average price is $362.37. VanEck Semiconductor ETF has a 52-week low of $170.11 and a 52-week high of $427.94. The company has a market cap of $43.38 billion, a price-to-earnings ratio of 34.83 and a beta of 1.52.

VanEck Semiconductor ETF Dividend Announcement

The company also recently declared 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. This represents a dividend yield of 31.0%. The ex-dividend date of this dividend was Monday, December 22nd.

VanEck Semiconductor ETF Company 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.