Delta Financial Advisors LLC Makes New $1.81 Million Investment in VanEck Semiconductor ETF $SMH

Delta Financial Advisors LLC acquired a new stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 5,543 shares of the company’s stock, valued at approximately $1,809,000.

Other large investors also recently made changes to their positions in the company. Allspring Global Investments Holdings LLC lifted its position in shares of VanEck Semiconductor ETF by 13.0% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 3,469 shares of the company’s stock valued at $967,000 after acquiring an additional 400 shares during the last quarter. Element Wealth LLC acquired a new stake in VanEck Semiconductor ETF during the 3rd quarter valued at $515,000. Farther Finance Advisors LLC lifted its holdings in shares of VanEck Semiconductor ETF by 136.2% in the third quarter. Farther Finance Advisors LLC now owns 10,450 shares of the company’s stock valued at $3,407,000 after purchasing an additional 6,026 shares in the last quarter. AE Wealth Management LLC grew its holdings in shares of VanEck Semiconductor ETF by 168.8% during the second quarter. AE Wealth Management LLC now owns 49,509 shares of the company’s stock valued at $13,807,000 after buying an additional 31,089 shares in the last quarter. Finally, Advyzon Investment Management LLC purchased a new position in VanEck Semiconductor ETF during the 2nd quarter valued at about $2,745,000.

VanEck Semiconductor ETF Price Performance

Shares of SMH opened at $400.09 on Friday. The business’s 50-day moving average is $365.95 and its 200-day moving average is $332.64. The company has a market capitalization of $43.43 billion, a price-to-earnings ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a fifty-two week low of $170.11 and a fifty-two week high of $408.73.

VanEck Semiconductor ETF Announces Dividend

The business also recently declared an annual dividend, which was paid on Friday, December 26th. Shareholders of record on Monday, December 22nd were given a $1.1047 dividend. The ex-dividend date of this dividend was Monday, December 22nd. This represents a dividend yield of 31.0%.

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.