VanEck Semiconductor ETF $SMH Shares Bought by Hilltop Holdings Inc.

Hilltop Holdings Inc. grew its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 32.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 7,683 shares of the company’s stock after buying an additional 1,897 shares during the period. Hilltop Holdings Inc.’s holdings in VanEck Semiconductor ETF were worth $2,507,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Wealth Enhancement Advisory Services LLC raised its holdings in shares of VanEck Semiconductor ETF by 5.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 32,403 shares of the company’s stock worth $10,921,000 after purchasing an additional 1,666 shares during the period. Bright Futures Wealth Management LLC. purchased a new stake in shares of VanEck Semiconductor ETF during the 3rd quarter worth about $1,934,000. Element Wealth LLC purchased a new stake in shares of VanEck Semiconductor ETF during the 3rd quarter worth about $515,000. Farther Finance Advisors LLC increased its position in VanEck Semiconductor ETF by 136.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 10,450 shares of the company’s stock worth $3,407,000 after purchasing an additional 6,026 shares in the last quarter. Finally, Carter Financial Group INC. acquired a new stake in VanEck Semiconductor ETF during the 2nd quarter worth approximately $1,072,000.

VanEck Semiconductor ETF Stock Up 1.7%

Shares of SMH stock opened at $393.92 on Tuesday. The stock has a market cap of $43.05 billion, a price-to-earnings ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a fifty-two week low of $170.11 and a fifty-two week high of $427.94. The firm’s 50 day moving average price is $400.45 and its two-hundred day moving average price is $361.62.

VanEck Semiconductor ETF Announces Dividend

The firm also recently announced an annual dividend, which was paid on Friday, December 26th. Stockholders of record on Monday, December 22nd were paid a $1.1047 dividend. This represents a dividend yield of 31.0%. The ex-dividend date of this dividend was Monday, December 22nd.

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.