Thrivent Financial for Lutherans Sells 127,594 Shares of VanEck Semiconductor ETF $SMH

Thrivent Financial for Lutherans lessened its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 81.1% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 29,686 shares of the company’s stock after selling 127,594 shares during the period. Thrivent Financial for Lutherans’ holdings in VanEck Semiconductor ETF were worth $9,689,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC raised its stake in shares of VanEck Semiconductor ETF by 5.4% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 32,403 shares of the company’s stock valued at $10,921,000 after acquiring an additional 1,666 shares during the last quarter. Allspring Global Investments Holdings LLC lifted its position in VanEck Semiconductor ETF by 13.0% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 3,469 shares of the company’s stock worth $967,000 after buying an additional 400 shares in the last quarter. Element Wealth LLC bought a new stake in VanEck Semiconductor ETF during the 3rd quarter worth about $515,000. Farther Finance Advisors LLC increased its position in VanEck Semiconductor ETF by 136.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 10,450 shares of the company’s stock valued at $3,407,000 after acquiring an additional 6,026 shares in the last quarter. Finally, AE Wealth Management LLC increased its position in VanEck Semiconductor ETF by 168.8% in the 2nd quarter. AE Wealth Management LLC now owns 49,509 shares of the company’s stock valued at $13,807,000 after acquiring an additional 31,089 shares in the last quarter.

VanEck Semiconductor ETF Trading Down 3.9%

Shares of SMH stock opened at $382.02 on Thursday. VanEck Semiconductor ETF has a 1 year low of $170.11 and a 1 year high of $420.60. The firm’s 50 day moving average is $376.76 and its 200-day moving average is $339.44. The firm has a market capitalization of $41.54 billion, a price-to-earnings ratio of 34.83 and a beta of 1.52.

VanEck Semiconductor ETF Announces Dividend

The company also recently announced an annual dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were paid a $1.1047 dividend. 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.