Lyell Wealth Management LP Has $25.22 Million Position in VanEck Semiconductor ETF $SMH

Lyell Wealth Management LP lifted its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 6.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 77,269 shares of the company’s stock after purchasing an additional 4,523 shares during the quarter. VanEck Semiconductor ETF accounts for about 1.9% of Lyell Wealth Management LP’s investment portfolio, making the stock its 10th biggest holding. Lyell Wealth Management LP owned 0.08% of VanEck Semiconductor ETF worth $25,218,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of SMH. Alpha Cubed Investments LLC boosted its holdings in shares of VanEck Semiconductor ETF by 2.5% during the 3rd quarter. Alpha Cubed Investments LLC now owns 1,170 shares of the company’s stock valued at $382,000 after acquiring an additional 28 shares during the last quarter. Hazlett Burt & Watson Inc. boosted its holdings in VanEck Semiconductor ETF by 24.1% in the third 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 grew its position in VanEck Semiconductor ETF by 2.7% in the 3rd quarter. Klingman & Associates LLC now owns 1,100 shares of the company’s stock worth $359,000 after purchasing an additional 29 shares during the period. Global Financial Private Client LLC raised its stake in VanEck Semiconductor ETF by 0.8% during the 3rd quarter. Global Financial Private Client LLC now owns 3,947 shares of the company’s stock valued at $1,288,000 after buying an additional 32 shares during the last quarter. Finally, Abound Wealth Management lifted its holdings in shares of VanEck Semiconductor ETF by 4.2% during the 3rd quarter. Abound Wealth Management now owns 848 shares of the company’s stock valued at $277,000 after buying an additional 34 shares during the period.

VanEck Semiconductor ETF Price Performance

Shares of SMH opened at $407.71 on Friday. The firm has a market capitalization of $44.56 billion, a P/E ratio of 34.83 and a beta of 1.52. The business has a fifty day moving average of $383.16 and a 200 day moving average of $344.68. VanEck Semiconductor ETF has a one year low of $170.11 and a one year high of $420.60.

VanEck Semiconductor ETF Dividend Announcement

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

About VanEck Semiconductor ETF

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.