Burke & Herbert Bank & Trust Co. Lowers Stake in VanEck Semiconductor ETF (NASDAQ:SMH)

Burke & Herbert Bank & Trust Co. cut its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 2.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,840 shares of the company’s stock after selling 225 shares during the quarter. Burke & Herbert Bank & Trust Co.’s holdings in VanEck Semiconductor ETF were worth $2,141,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Creative Planning increased its position in VanEck Semiconductor ETF by 2.6% during the 3rd quarter. Creative Planning now owns 38,229 shares of the company’s stock worth $9,383,000 after purchasing an additional 963 shares in the last quarter. Bleakley Financial Group LLC increased its position in shares of VanEck Semiconductor ETF by 274.4% in the third quarter. Bleakley Financial Group LLC now owns 6,339 shares of the company’s stock worth $1,556,000 after acquiring an additional 4,646 shares in the last quarter. KMG Fiduciary Partners LLC purchased a new position in shares of VanEck Semiconductor ETF in the 3rd quarter valued at $227,000. Capital Investment Advisors LLC raised its stake in shares of VanEck Semiconductor ETF by 6.3% in the 3rd quarter. Capital Investment Advisors LLC now owns 1,098 shares of the company’s stock valued at $269,000 after acquiring an additional 65 shares during the period. Finally, Raymond James & Associates boosted its position in VanEck Semiconductor ETF by 30.4% during the 3rd quarter. Raymond James & Associates now owns 279,721 shares of the company’s stock worth $68,658,000 after purchasing an additional 65,276 shares during the period.

VanEck Semiconductor ETF Trading Up 0.3 %

Shares of NASDAQ SMH opened at $252.58 on Monday. The stock has a fifty day moving average price of $248.80 and a 200 day moving average price of $244.60. VanEck Semiconductor ETF has a 12-month low of $193.72 and a 12-month high of $283.07. The company has a market cap of $23.92 billion, a P/E ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Announces Dividend

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