Flagship Harbor Advisors LLC Has $2.68 Million Stock Holdings in VanEck Semiconductor ETF $SMH

Flagship Harbor Advisors LLC trimmed its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 60.7% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,212 shares of the company’s stock after selling 12,701 shares during the period. Flagship Harbor Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $2,680,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Realta Investment Advisors increased its position in VanEck Semiconductor ETF by 84.4% during the third quarter. Realta Investment Advisors now owns 83 shares of the company’s stock worth $27,000 after buying an additional 38 shares during the last quarter. Trust Co. of Toledo NA OH bought a new stake in shares of VanEck Semiconductor ETF during the 2nd quarter worth about $25,000. Sound Income Strategies LLC increased its holdings in shares of VanEck Semiconductor ETF by 175.8% during the 3rd quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock valued at $31,000 after acquiring an additional 58 shares during the last quarter. Grey Fox Wealth Advisors LLC bought a new position in shares of VanEck Semiconductor ETF in the 3rd quarter valued at approximately $31,000. Finally, Fourth Dimension Wealth LLC bought a new position in shares of VanEck Semiconductor ETF in the 2nd quarter valued at approximately $28,000.

VanEck Semiconductor ETF Stock Down 0.2%

Shares of VanEck Semiconductor ETF stock opened at $381.07 on Friday. VanEck Semiconductor ETF has a 12-month low of $170.11 and a 12-month high of $420.60. The stock has a 50 day moving average price of $377.43 and a two-hundred day moving average price of $339.73. The stock has a market capitalization of $41.65 billion, a P/E 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. Investors of record on Monday, December 22nd were paid a $1.1047 dividend. The ex-dividend date 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.