SeaBridge Investment Advisors LLC Purchases New Shares in VanEck Semiconductor ETF (NASDAQ:SMH)

SeaBridge Investment Advisors LLC acquired a new position in VanEck Semiconductor ETF (NASDAQ:SMH) during the fourth quarter, according to the company in its most recent filing with the SEC. The fund acquired 4,652 shares of the company’s stock, valued at approximately $1,127,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. KG&L Capital Management LLC grew its position in shares of VanEck Semiconductor ETF by 31.9% during the fourth quarter. KG&L Capital Management LLC now owns 2,503 shares of the company’s stock worth $606,000 after buying an additional 606 shares in the last quarter. Concord Wealth Partners grew its holdings in VanEck Semiconductor ETF by 7.5% during the 4th quarter. Concord Wealth Partners now owns 4,703 shares of the company’s stock worth $1,139,000 after acquiring an additional 328 shares in the last quarter. Concord Asset Management LLC VA grew its holdings in VanEck Semiconductor ETF by 8.0% during the 4th quarter. Concord Asset Management LLC VA now owns 4,698 shares of the company’s stock worth $1,138,000 after acquiring an additional 350 shares in the last quarter. Total Clarity Wealth Management Inc. increased its position in shares of VanEck Semiconductor ETF by 4.5% in the 4th quarter. Total Clarity Wealth Management Inc. now owns 2,432 shares of the company’s stock worth $589,000 after purchasing an additional 105 shares during the last quarter. Finally, Great Diamond Partners LLC raised its stake in shares of VanEck Semiconductor ETF by 2.1% in the 4th quarter. Great Diamond Partners LLC now owns 7,472 shares of the company’s stock valued at $1,809,000 after purchasing an additional 157 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

VanEck Semiconductor ETF stock opened at $243.62 on Friday. The company has a market cap of $24.12 billion, a PE ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 12 month low of $184.15 and a 12 month high of $283.07. The company has a fifty day moving average price of $248.33 and a two-hundred day moving average price of $244.70.

VanEck Semiconductor ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 24th. Investors 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.