Gladstone Institutional Advisory LLC Sells 7,759 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Gladstone Institutional Advisory LLC cut its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 56.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 6,091 shares of the company’s stock after selling 7,759 shares during the quarter. Gladstone Institutional Advisory LLC’s holdings in VanEck Semiconductor ETF were worth $1,475,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Hartford Financial Management Inc. boosted its holdings in shares of VanEck Semiconductor ETF by 61.9% in the fourth quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock valued at $25,000 after buying an additional 39 shares during the period. Mather Group LLC. lifted its position in VanEck Semiconductor ETF by 320.0% in the 4th quarter. Mather Group LLC. now owns 105 shares of the company’s stock valued at $25,000 after acquiring an additional 80 shares in the last quarter. Financial Management Professionals Inc. acquired a new position in VanEck Semiconductor ETF in the 3rd quarter worth $28,000. Darwin Wealth Management LLC bought a new position in VanEck Semiconductor ETF during the 3rd quarter worth about $29,000. Finally, Pathway Financial Advisers LLC raised its stake in shares of VanEck Semiconductor ETF by 194.2% in the 3rd quarter. Pathway Financial Advisers LLC now owns 153 shares of the company’s stock valued at $38,000 after purchasing an additional 101 shares during the period.

VanEck Semiconductor ETF Price Performance

Shares of VanEck Semiconductor ETF stock opened at $251.92 on Friday. The firm has a market cap of $23.85 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. The stock’s 50-day moving average is $248.65 and its 200-day moving average is $244.36. VanEck Semiconductor ETF has a one year low of $193.72 and a one year high of $283.07.

VanEck Semiconductor ETF Dividend Announcement

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

VanEck Semiconductor ETF 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.