Jones Financial Companies Lllp Buys 25,422 Shares of VanEck Semiconductor ETF $SMH

Jones Financial Companies Lllp boosted its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 23.3% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 134,635 shares of the company’s stock after purchasing an additional 25,422 shares during the quarter. Jones Financial Companies Lllp owned approximately 0.13% of VanEck Semiconductor ETF worth $43,329,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Trust Co. of Toledo NA OH purchased a new stake in VanEck Semiconductor ETF during the second quarter valued at approximately $25,000. Realta Investment Advisors boosted its holdings in VanEck Semiconductor ETF by 84.4% in the third quarter. Realta Investment Advisors now owns 83 shares of the company’s stock worth $27,000 after acquiring an additional 38 shares in the last quarter. Hilltop National Bank purchased a new stake in shares of VanEck Semiconductor ETF during the second quarter worth about $28,000. Fourth Dimension Wealth LLC acquired a new position in shares of VanEck Semiconductor ETF during the second quarter valued at about $28,000. Finally, Hazlett Burt & Watson Inc. raised its position in shares of VanEck Semiconductor ETF by 61.1% in the 2nd quarter. Hazlett Burt & Watson Inc. now owns 116 shares of the company’s stock valued at $31,000 after purchasing an additional 44 shares during the last quarter.

VanEck Semiconductor ETF Stock Up 1.1%

SMH stock opened at $407.91 on Tuesday. VanEck Semiconductor ETF has a 52 week low of $170.11 and a 52 week high of $420.60. The stock has a market capitalization of $44.36 billion, a PE ratio of 34.83 and a beta of 1.52. The firm has a 50 day moving average of $374.92 and a 200 day moving average of $338.38.

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 given a $1.1047 dividend. This represents a dividend 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.