Dearborn Partners LLC Sells 52 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Dearborn Partners LLC cut its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 0.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,606 shares of the company’s stock after selling 52 shares during the quarter. Dearborn Partners LLC’s holdings in VanEck Semiconductor ETF were worth $1,358,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in SMH. QRG Capital Management Inc. increased its position in shares of VanEck Semiconductor ETF by 10.6% during the third quarter. QRG Capital Management Inc. now owns 1,378 shares of the company’s stock valued at $338,000 after acquiring an additional 132 shares in the last quarter. Atria Investments Inc grew its holdings in shares of VanEck Semiconductor ETF by 75.0% in the third quarter. Atria Investments Inc now owns 9,318 shares of the company’s stock worth $2,287,000 after acquiring an additional 3,992 shares during the period. Tyler Stone Wealth Management boosted its position in VanEck Semiconductor ETF by 93.9% in the third quarter. Tyler Stone Wealth Management now owns 3,067 shares of the company’s stock worth $753,000 after purchasing an additional 1,485 shares during the last quarter. Patten & Patten Inc. TN grew its stake in shares of VanEck Semiconductor ETF by 21.1% during the 3rd quarter. Patten & Patten Inc. TN now owns 17,229 shares of the company’s stock valued at $4,229,000 after purchasing an additional 2,997 shares during the period. Finally, Fountainhead AM LLC grew its stake in shares of VanEck Semiconductor ETF by 20.9% during the 3rd quarter. Fountainhead AM LLC now owns 2,370 shares of the company’s stock valued at $582,000 after purchasing an additional 409 shares during the period.

VanEck Semiconductor ETF Stock Down 4.7 %

Shares of NASDAQ:SMH opened at $214.53 on Tuesday. The stock has a market capitalization of $20.31 billion, a PE ratio of 33.13 and a beta of 1.35. The firm’s 50 day moving average price is $245.81 and its 200-day moving average price is $245.10. VanEck Semiconductor ETF has a twelve month low of $198.44 and a twelve month high of $283.07.

VanEck Semiconductor ETF Dividend Announcement

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