Vontobel Holding Ltd. Decreases Stake in VanEck Semiconductor ETF (NASDAQ:SMH)

Vontobel Holding Ltd. reduced its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 17.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,471 shares of the company’s stock after selling 3,023 shares during the period. Vontobel Holding Ltd.’s holdings in VanEck Semiconductor ETF were worth $3,504,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Hartford Financial Management Inc. lifted its stake in shares of VanEck Semiconductor ETF by 61.9% in the fourth quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock worth $25,000 after buying an additional 39 shares in the last quarter. Mather Group LLC. raised its stake in VanEck Semiconductor ETF by 320.0% during the fourth quarter. Mather Group LLC. now owns 105 shares of the company’s stock worth $25,000 after purchasing an additional 80 shares during the period. Financial Management Professionals Inc. purchased a new position in VanEck Semiconductor ETF during the third quarter worth about $28,000. Darwin Wealth Management LLC purchased a new position in VanEck Semiconductor ETF during the third quarter worth about $29,000. Finally, Hemington Wealth Management raised its stake in VanEck Semiconductor ETF by 50.6% during the fourth quarter. Hemington Wealth Management now owns 131 shares of the company’s stock worth $31,000 after purchasing an additional 44 shares during the period.

VanEck Semiconductor ETF Price Performance

Shares of SMH stock opened at $252.58 on Monday. The firm’s 50-day moving average is $248.80 and its two-hundred day moving average is $244.62. VanEck Semiconductor ETF has a 12 month low of $193.72 and a 12 month high of $283.07. The company has a market capitalization of $23.92 billion, a PE ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF Announces Dividend

The company also recently announced 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 of this dividend was Monday, December 23rd.

About VanEck Semiconductor ETF

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.