Cadent Capital Advisors LLC Makes New $728,000 Investment in VanEck Semiconductor ETF $SMH

by · The Markets Daily

Cadent Capital Advisors LLC purchased a new position in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 2,230 shares of the company’s stock, valued at approximately $728,000.

Several other large investors also recently modified their holdings of the company. Grove Bank & Trust acquired a new position in VanEck Semiconductor ETF in the second quarter valued at $25,000. Trust Co. of Toledo NA OH acquired a new position in shares of VanEck Semiconductor ETF in the 2nd quarter valued at about $25,000. Sound Income Strategies LLC boosted its position in shares of VanEck Semiconductor ETF by 175.8% during the 3rd quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock valued at $31,000 after purchasing an additional 58 shares in the last quarter. UMB Bank n.a. acquired a new stake in VanEck Semiconductor ETF during the second quarter worth approximately $28,000. Finally, Hilltop National Bank bought a new stake in VanEck Semiconductor ETF in the second quarter worth approximately $28,000.

VanEck Semiconductor ETF Stock Performance

Shares of SMH opened at $364.12 on Thursday. The firm has a market cap of $36.55 billion, a PE ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a 52-week low of $170.11 and a 52-week high of $375.59. The business’s 50 day moving average price is $352.58 and its two-hundred day moving average price is $315.57.

VanEck Semiconductor ETF Dividend Announcement

The business also recently announced an annual dividend, which will be paid on Friday, December 26th. Investors of record on Monday, December 22nd will be paid a dividend of $1.1047 per share. The ex-dividend date of this dividend is Monday, December 22nd. This represents a yield of 31.0%.

About VanEck Semiconductor ETF

(Free Report)

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.

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