Madrona Financial Services LLC Buys 12,030 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Madrona Financial Services LLC increased its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 468.8% during the 4th quarter, HoldingsChannel reports. The fund owned 14,596 shares of the company’s stock after buying an additional 12,030 shares during the period. VanEck Semiconductor ETF accounts for approximately 1.0% of Madrona Financial Services LLC’s portfolio, making the stock its 29th biggest holding. Madrona Financial Services LLC’s holdings in VanEck Semiconductor ETF were worth $3,535,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. Mendota Financial Group LLC bought a new stake in VanEck Semiconductor ETF during the third quarter worth about $25,000. Financial Management Professionals Inc. bought a new position in shares of VanEck Semiconductor ETF in the third quarter worth approximately $28,000. Darwin Wealth Management LLC bought a new position in shares of VanEck Semiconductor ETF in the third quarter worth approximately $29,000. Pathway Financial Advisers LLC lifted its stake in shares of VanEck Semiconductor ETF by 194.2% in the third quarter. Pathway Financial Advisers LLC now owns 153 shares of the company’s stock worth $38,000 after buying an additional 101 shares in the last quarter. Finally, PSI Advisors LLC bought a new position in shares of VanEck Semiconductor ETF in the third quarter worth approximately $39,000.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ SMH opened at $262.29 on Thursday. The firm’s 50 day moving average price is $247.81 and its 200-day moving average price is $245.83. The company has a market cap of $24.88 billion, a PE ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 52-week low of $184.15 and a 52-week high of $283.07.

VanEck Semiconductor ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 24th. Stockholders of record on Monday, December 23rd were issued a dividend of $1.0713 per share. 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.