In the third quarter, Geneos Wealth Management Inc. cut its holdings in VanEck Semiconductor ETF by 55.4%, selling 3,460 shares and ending the period with a balance of 2,786 shares. According to the firm’s latest SEC filing, the remaining stake was valued at approximately $909,000 at quarter-end. This pronounced reduction highlights a strategic shift by Geneos away from semiconductor exposure during the recent market cycle.

Several other asset managers adjusted their SMH positions in the latest reporting periods. Allspring Global Investments Holdings LLC increased its stake by 13.0%, adding 400 shares for a total of 3,469. Farther Finance Advisors LLC more than doubled its exposure, acquiring 6,026 shares for a 136.2% gain to reach 10,450 shares. AE Wealth Management LLC expanded aggressively, boosting its holdings by 168.8% with an additional 31,089 shares, totaling 49,509. Meanwhile, Advyzon Investment Management LLC and Carter Financial Group INC. initiated new positions valued at $2.74 million and $1.07 million, respectively.

VanEck announced its annual distribution for SMH shareholders on December 26th, with a payment of $1.1047 per share to holders of record as of December 22nd. The ex-dividend date was also December 22nd. This distribution represents a yield in line with seasonal payouts and underscores the ETF’s income component within a predominantly growth-oriented fund structure.

Launched on May 5, 2000, VanEck Semiconductor ETF tracks the MVIS US Listed Semiconductor 25 Index, a market-cap weighted benchmark of the 25 largest U.S.-listed semiconductor companies. Managed by VanEck, SMH offers investors diversified exposure to leading chipmakers, blending top industry names according to their adjusted market capitalization. The ETF’s long tenure and transparent methodology have made it a cornerstone vehicle for semiconductor sector allocation.