VanEck Semiconductor ETF (NASDAQ:SMH) Shares Bought by First Republic Investment Management Inc.

First Republic Investment Management Inc. increased its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Get Rating) by 3.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 84,012 shares of the company’s stock after acquiring an additional 2,919 shares during the quarter. First Republic Investment Management Inc.’s holdings in VanEck Semiconductor ETF were worth $15,552,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the company. Covestor Ltd acquired a new stake in shares of VanEck Semiconductor ETF during the first quarter worth about $27,000. Castle Wealth Management LLC acquired a new position in shares of VanEck Semiconductor ETF in the second quarter valued at approximately $33,000. Urban Wealth Management LLC purchased a new stake in shares of VanEck Semiconductor ETF during the second quarter worth approximately $36,000. Captrust Financial Advisors lifted its holdings in shares of VanEck Semiconductor ETF by 21.2% during the second quarter. Captrust Financial Advisors now owns 309 shares of the company’s stock worth $63,000 after purchasing an additional 54 shares during the period. Finally, Gradient Investments LLC grew its position in VanEck Semiconductor ETF by 42.9% in the 3rd quarter. Gradient Investments LLC now owns 350 shares of the company’s stock valued at $65,000 after buying an additional 105 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of VanEck Semiconductor ETF stock opened at $236.38 on Wednesday. VanEck Semiconductor ETF has a one year low of $166.97 and a one year high of $290.35. The firm has a fifty day moving average of $216.99 and a two-hundred day moving average of $212.15.

VanEck Semiconductor ETF Increases Dividend

The company also recently disclosed an annual dividend, which was paid on Friday, December 23rd. Investors of record on Tuesday, December 20th were given a $2.401 dividend. The ex-dividend date was Monday, December 19th. This represents a yield of 1.15%. This is an increase from VanEck Semiconductor ETF’s previous annual dividend of $1.57.