VanEck Semiconductor ETF $SMH Shares Acquired by Farther Finance Advisors LLC

Farther Finance Advisors LLC increased its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 136.2% in the 3rd quarter, HoldingsChannel reports. The firm owned 10,450 shares of the company’s stock after buying an additional 6,026 shares during the quarter. Farther Finance Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $3,407,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. HBK Sorce Advisory LLC increased its position in VanEck Semiconductor ETF by 2.1% during the third quarter. HBK Sorce Advisory LLC now owns 5,829 shares of the company’s stock worth $2,017,000 after buying an additional 122 shares in the last quarter. Brighton Jones LLC boosted its stake in shares of VanEck Semiconductor ETF by 18.7% during the third quarter. Brighton Jones LLC now owns 1,760 shares of the company’s stock valued at $575,000 after acquiring an additional 277 shares during the last quarter. Lake Hills Wealth Management LLC purchased a new stake in VanEck Semiconductor ETF during the 3rd quarter worth about $6,609,000. Rockwood Wealth Management LLC purchased a new stake in VanEck Semiconductor ETF during the 3rd quarter worth about $210,000. Finally, Sound Income Strategies LLC raised its stake in VanEck Semiconductor ETF by 175.8% in the 3rd 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.

VanEck Semiconductor ETF Trading Up 0.3%

NASDAQ:SMH opened at $364.12 on Thursday. VanEck Semiconductor ETF has a 12-month low of $170.11 and a 12-month high of $375.59. The firm has a market cap of $36.55 billion, a price-to-earnings ratio of 34.83 and a beta of 1.52. The company’s 50-day moving average is $352.58 and its two-hundred day moving average is $315.57.

VanEck Semiconductor ETF Announces Dividend

The company also recently announced an annual dividend, which will be paid on Friday, December 26th. Investors of record on Monday, December 22nd will be given a dividend of $1.1047 per share. The ex-dividend date is Monday, December 22nd. This represents a 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.