Concurrent Investment Advisors LLC Sells 7,322 Shares of VanEck Semiconductor ETF $SMH

Concurrent Investment Advisors LLC trimmed its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 14.4% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 43,688 shares of the company’s stock after selling 7,322 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $14,258,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Allspring Global Investments Holdings LLC increased its holdings in VanEck Semiconductor ETF by 13.0% during the second quarter. Allspring Global Investments Holdings LLC now owns 3,469 shares of the company’s stock valued at $967,000 after buying an additional 400 shares during the last quarter. Farther Finance Advisors LLC grew its position in shares of VanEck Semiconductor ETF by 136.2% during 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 during the period. AE Wealth Management LLC increased its stake in shares of VanEck Semiconductor ETF by 168.8% in the 2nd quarter. AE Wealth Management LLC now owns 49,509 shares of the company’s stock worth $13,807,000 after purchasing an additional 31,089 shares in the last quarter. Advyzon Investment Management LLC purchased a new stake in shares of VanEck Semiconductor ETF in the 2nd quarter worth $2,745,000. Finally, Carter Financial Group INC. bought a new position in VanEck Semiconductor ETF in the 2nd quarter worth $1,072,000.

VanEck Semiconductor ETF Stock Performance

NASDAQ SMH opened at $390.66 on Tuesday. The business’s fifty day moving average is $357.83 and its 200 day moving average is $325.98. VanEck Semiconductor ETF has a fifty-two week low of $170.11 and a fifty-two week high of $391.98. The company has a market capitalization of $41.70 billion, a PE ratio of 34.83 and a beta of 1.52.

VanEck Semiconductor ETF Announces Dividend

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

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.