Vigilare Wealth Management Purchases New Shares in iShares Semiconductor ETF $SOXX

Vigilare Wealth Management acquired a new position in shares of iShares Semiconductor ETF (NASDAQ:SOXX) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 3,870 shares of the exchange traded fund’s stock, valued at approximately $2,201,000. iShares Semiconductor ETF makes up approximately 0.7% of Vigilare Wealth Management’s investment portfolio, making the stock its 28th largest position.

Other institutional investors have also recently modified their holdings of the company. William Mack & Associates Inc. acquired a new stake in iShares Semiconductor ETF during the 3rd quarter valued at $27,000. Gould Capital LLC boosted its stake in shares of iShares Semiconductor ETF by 39.2% during the first quarter. Gould Capital LLC now owns 110 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 31 shares during the last quarter. Highland Investment Advisors LLC purchased a new stake in iShares Semiconductor ETF during the 2nd quarter worth about $40,000. Triumph Capital Management increased its position in iShares Semiconductor ETF by 44.4% during the 2nd quarter. Triumph Capital Management now owns 65 shares of the exchange traded fund’s stock worth $42,000 after purchasing an additional 20 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB raised its stake in iShares Semiconductor ETF by 245.0% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 69 shares of the exchange traded fund’s stock valued at $44,000 after purchasing an additional 49 shares during the last quarter.

iShares Semiconductor ETF Stock Performance

Shares of SOXX stock opened at $471.51 on Monday. The firm has a 50-day moving average price of $529.13 and a 200 day moving average price of $474.88. iShares Semiconductor ETF has a twelve month low of $260.44 and a twelve month high of $655.95. The company has a market capitalization of $44.84 billion, a price-to-earnings ratio of 31.84 and a beta of 1.80.

iShares Semiconductor ETF shares are set to split on the morning of Thursday, November 5th. The 3-1 split was recently announced. The newly minted shares will be issued to shareholders after the market closes on Wednesday, November 4th.

iShares Semiconductor ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 18th. Stockholders of record on Tuesday, September 15th were given a $0.3250 dividend. This represents a $1.30 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Tuesday, September 15th. This is an increase from iShares Semiconductor ETF’s previous quarterly dividend of $0.2827.

iShares Semiconductor ETF Profile

iShares PHLX Semiconductor ETF, formerly iShares PHLX SOX Semiconductor Sector Index Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the United States-listed semiconductor stocks as represented by the PHLX Semiconductor Sector Index (the Index). The Index is an equity benchmark for the United States-listed semiconductor stocks. The Index includes companies primarily involved in the design, distribution, manufacture and sale of semiconductors.