Pineridge Advisors LLC Sells 21,653 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Pineridge Advisors LLC trimmed its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 98.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 231 shares of the company’s stock after selling 21,653 shares during the quarter. Pineridge Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $56,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

VanEck Semiconductor ETF Trading Up 1.9 %

Shares of NASDAQ:SMH opened at $249.62 on Tuesday. The company has a market cap of $23.64 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 12 month low of $193.72 and a 12 month high of $283.07. The company has a 50-day moving average price of $248.67 and a 200 day moving average price of $244.18.

VanEck Semiconductor ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were paid 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.