Thrivent Financial for Lutherans Has $9.69 Million Holdings in VanEck Semiconductor ETF $SMH

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

Several other institutional investors also recently modified their holdings of SMH. FSA Wealth Partners Inc. acquired a new position in VanEck Semiconductor ETF in the third quarter valued at approximately $919,000. 5th Street Advisors LLC grew its holdings in VanEck Semiconductor ETF by 9.8% during the 3rd quarter. 5th Street Advisors LLC now owns 11,510 shares of the company’s stock worth $3,756,000 after acquiring an additional 1,029 shares during the period. Searle & CO. bought a new stake in shares of VanEck Semiconductor ETF during the 3rd quarter valued at $205,000. Welch & Forbes LLC raised its position in shares of VanEck Semiconductor ETF by 6.7% during the 3rd quarter. Welch & Forbes LLC now owns 1,193 shares of the company’s stock valued at $389,000 after acquiring an additional 75 shares during the last quarter. Finally, Cornerstone Wealth Management LLC lifted its stake in shares of VanEck Semiconductor ETF by 9.2% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 22,689 shares of the company’s stock valued at $7,405,000 after purchasing an additional 1,917 shares during the period.

VanEck Semiconductor ETF Stock Down 3.9%

NASDAQ:SMH opened at $382.02 on Thursday. VanEck Semiconductor ETF has a 12-month low of $170.11 and a 12-month high of $420.60. The stock’s fifty day simple moving average is $376.76 and its 200-day simple moving average is $339.44. The firm has a market capitalization of $41.54 billion, a P/E ratio of 34.83 and a beta of 1.52.

VanEck Semiconductor ETF Dividend Announcement

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