AE Wealth Management LLC Has $15.16 Million Stake in VanEck Semiconductor ETF $SMH

AE Wealth Management LLC reduced its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 6.2% in the 3rd quarter, Holdings Channel reports. The firm owned 46,439 shares of the company’s stock after selling 3,070 shares during the period. AE Wealth Management LLC’s holdings in VanEck Semiconductor ETF were worth $15,156,000 as of its most recent filing with the SEC.

A number of other large investors have also recently added to or reduced their stakes in SMH. Trust Co. of Toledo NA OH bought a new position in shares of VanEck Semiconductor ETF in the second quarter valued at approximately $25,000. Realta Investment Advisors grew its stake in VanEck Semiconductor ETF by 84.4% in the 3rd quarter. Realta Investment Advisors now owns 83 shares of the company’s stock valued at $27,000 after buying an additional 38 shares during the last quarter. Hilltop National Bank bought a new position in VanEck Semiconductor ETF in the 2nd quarter worth $28,000. Fourth Dimension Wealth LLC acquired a new position in VanEck Semiconductor ETF during the 2nd quarter worth $28,000. Finally, Hazlett Burt & Watson Inc. boosted its holdings in VanEck Semiconductor ETF by 61.1% during the second quarter. Hazlett Burt & Watson Inc. now owns 116 shares of the company’s stock valued at $31,000 after acquiring an additional 44 shares during the period.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ:SMH opened at $417.52 on Friday. The stock’s 50-day moving average is $372.00 and its 200-day moving average is $336.09. The company has a market cap of $45.17 billion, a P/E ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a 52-week low of $170.11 and a 52-week high of $420.60.

VanEck Semiconductor ETF Dividend Announcement

The firm also recently announced an annual dividend, which was paid on Friday, December 26th. Shareholders 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 yield of 31.0%.

VanEck Semiconductor ETF 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.