Schnieders Capital Management LLC Acquires 1,770 Shares of iShares Semiconductor ETF $SOXX

Schnieders Capital Management LLC raised its holdings in iShares Semiconductor ETF (NASDAQ:SOXX) by 102.6% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,495 shares of the exchange traded fund’s stock after purchasing an additional 1,770 shares during the quarter. Schnieders Capital Management LLC’s holdings in iShares Semiconductor ETF were worth $834,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of SOXX. Bison Wealth LLC bought a new position in iShares Semiconductor ETF in the 4th quarter valued at $201,000. Janney Montgomery Scott LLC raised its position in iShares Semiconductor ETF by 4.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 30,000 shares of the exchange traded fund’s stock valued at $5,645,000 after purchasing an additional 1,163 shares during the last quarter. QRG Capital Management Inc. bought a new position in iShares Semiconductor ETF in the 1st quarter valued at $388,000. Envestnet Portfolio Solutions Inc. raised its position in iShares Semiconductor ETF by 8.0% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 2,531 shares of the exchange traded fund’s stock valued at $476,000 after purchasing an additional 187 shares during the last quarter. Finally, Advisor Resource Council bought a new position in iShares Semiconductor ETF in the 1st quarter valued at $214,000.

iShares Semiconductor ETF Stock Performance

Shares of SOXX opened at $288.17 on Monday. The stock has a fifty day moving average price of $261.89 and a two-hundred day moving average price of $230.01. iShares Semiconductor ETF has a 52-week low of $148.31 and a 52-week high of $292.51. The company has a market cap of $15.26 billion, a price-to-earnings ratio of 31.84 and a beta of 1.34.

iShares Semiconductor ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 19th. Stockholders of record on Tuesday, September 16th were paid a $0.5407 dividend. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend was Tuesday, September 16th. This represents a $2.16 annualized dividend and a dividend yield of 0.8%.

iShares Semiconductor ETF Profile

iShares PHLX Semiconductor ETF, formerly iShares PHLX SOX Semiconductor Sector Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the United States-listed semiconductor stocks as represented by the PHLX Semiconductor Sector Index (the Index).