VanEck Semiconductor ETF (NASDAQ:SMH) Shares Purchased by Safeguard Financial LLC

Safeguard Financial LLC raised its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 10.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 2,258 shares of the company’s stock after purchasing an additional 210 shares during the period. Safeguard Financial LLC’s holdings in VanEck Semiconductor ETF were worth $547,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in the company. MRA Advisory Group grew its position in shares of VanEck Semiconductor ETF by 11.2% during the fourth quarter. MRA Advisory Group now owns 13,208 shares of the company’s stock worth $3,199,000 after acquiring an additional 1,325 shares during the last quarter. FNY Investment Advisers LLC purchased a new position in VanEck Semiconductor ETF during the 4th quarter worth $774,000. AdvisorNet Financial Inc increased its stake in VanEck Semiconductor ETF by 3.6% in the fourth quarter. AdvisorNet Financial Inc now owns 3,908 shares of the company’s stock valued at $946,000 after purchasing an additional 135 shares during the period. Pallas Capital Advisors LLC raised its holdings in shares of VanEck Semiconductor ETF by 6.7% in the fourth quarter. Pallas Capital Advisors LLC now owns 1,250 shares of the company’s stock valued at $303,000 after buying an additional 79 shares during the last quarter. Finally, Miracle Mile Advisors LLC purchased a new stake in shares of VanEck Semiconductor ETF in the fourth quarter valued at about $981,000.

VanEck Semiconductor ETF Stock Up 0.3 %

NASDAQ SMH opened at $245.44 on Wednesday. The firm has a market cap of $23.88 billion, a P/E ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 52-week low of $171.49 and a 52-week high of $283.07. The business’s 50-day moving average price is $247.38 and its 200 day moving average price is $246.04.

VanEck Semiconductor ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were given a dividend of $1.0713 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.