Valley Wealth Managers Inc. Acquires New Holdings in VanEck Retail ETF (NASDAQ:RTH)

Valley Wealth Managers Inc. acquired a new stake in shares of VanEck Retail ETF (NASDAQ:RTH) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 319 shares of the company’s stock, valued at approximately $72,000.

A number of other institutional investors also recently added to or reduced their stakes in the stock. Great Diamond Partners LLC boosted its position in VanEck Retail ETF by 0.6% during the fourth quarter. Great Diamond Partners LLC now owns 8,831 shares of the company’s stock valued at $1,980,000 after purchasing an additional 53 shares in the last quarter. Park Avenue Securities LLC bought a new stake in VanEck Retail ETF during the fourth quarter valued at about $1,503,000. Comprehensive Wealth Management LLC boosted its position in VanEck Retail ETF by 6.0% during the third quarter. Comprehensive Wealth Management LLC now owns 4,914 shares of the company’s stock valued at $1,072,000 after purchasing an additional 279 shares in the last quarter. Kestra Private Wealth Services LLC boosted its position in VanEck Retail ETF by 21.6% during the fourth quarter. Kestra Private Wealth Services LLC now owns 2,729 shares of the company’s stock valued at $612,000 after purchasing an additional 485 shares in the last quarter. Finally, Q3 Asset Management bought a new stake in VanEck Retail ETF during the fourth quarter valued at about $371,000. Institutional investors own 25.85% of the company’s stock.

VanEck Retail ETF Price Performance

Shares of RTH stock opened at $239.18 on Wednesday. The stock’s 50-day moving average is $233.06 and its 200 day moving average is $222.52. VanEck Retail ETF has a 1-year low of $195.37 and a 1-year high of $242.93. The company has a market cap of $236.79 million, a P/E ratio of 29.36 and a beta of 0.88.

VanEck Retail ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were paid a $1.732 dividend. The ex-dividend date was Monday, December 23rd.

VanEck Retail ETF Company Profile

The VanEck Retail ETF (RTH) is an exchange-traded fund that is based on the MVIS US Listed Retail 25 index, a market-cap-weighted index of the 25 largest US-listed companies that derive most of their revenue from retail. RTH was launched on May 2, 2001 and is managed by VanEck.