Raymond James Financial Services Advisors Inc. Trims Position in VanEck Retail ETF (NASDAQ:RTH)

Raymond James Financial Services Advisors Inc. cut its holdings in shares of VanEck Retail ETF (NASDAQ:RTH – Get Rating) by 61.6% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 7,714 shares of the company’s stock after selling 12,378 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in VanEck Retail ETF were worth $1,197,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently bought and sold shares of RTH. BNP Paribas Arbitrage SA purchased a new position in shares of VanEck Retail ETF during the 1st quarter valued at approximately $9,034,000. Cambridge Investment Research Advisors Inc. increased its holdings in shares of VanEck Retail ETF by 155.4% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 23,094 shares of the company’s stock valued at $3,510,000 after purchasing an additional 14,051 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of VanEck Retail ETF by 18.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 78,670 shares of the company’s stock valued at $14,213,000 after purchasing an additional 12,097 shares in the last quarter. Baird Financial Group Inc. purchased a new position in shares of VanEck Retail ETF during the 2nd quarter valued at approximately $722,000. Finally, Atria Wealth Solutions Inc. purchased a new position in shares of VanEck Retail ETF during the 1st quarter valued at approximately $769,000.

VanEck Retail ETF Stock Up 1.6 %

NASDAQ:RTH opened at $163.94 on Friday. The company has a 50 day moving average price of $164.84 and a 200-day moving average price of $164.29. VanEck Retail ETF has a 1-year low of $144.85 and a 1-year high of $189.47.

VanEck Retail ETF Increases Dividend

The business also recently declared an annual dividend, which was paid on Friday, December 23rd. Investors of record on Tuesday, December 20th were issued a $1.845 dividend. This represents a yield of 1.16%. The ex-dividend date of this dividend was Monday, December 19th. This is a positive change from VanEck Retail ETF’s previous annual dividend of $1.52.