Jones Financial Companies Lllp Grows Stake in VanEck Retail ETF (NASDAQ:RTH)

Jones Financial Companies Lllp increased its holdings in shares of VanEck Retail ETF (NASDAQ:RTH) by 18.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 416 shares of the company’s stock after purchasing an additional 66 shares during the quarter. Jones Financial Companies Lllp’s holdings in VanEck Retail ETF were worth $93,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Great Diamond Partners LLC lifted its position in shares of VanEck Retail ETF by 0.6% during the 4th quarter. Great Diamond Partners LLC now owns 8,831 shares of the company’s stock worth $1,980,000 after buying an additional 53 shares during the last quarter. JBR Co Financial Management Inc raised its stake in VanEck Retail ETF by 90.4% during the 4th quarter. JBR Co Financial Management Inc now owns 7,047 shares of the company’s stock worth $1,580,000 after acquiring an additional 3,345 shares in the last quarter. Park Avenue Securities LLC purchased a new stake in VanEck Retail ETF in the fourth quarter valued at $1,503,000. Kestra Private Wealth Services LLC boosted its stake in VanEck Retail ETF by 21.6% in the fourth quarter. Kestra Private Wealth Services LLC now owns 2,729 shares of the company’s stock valued at $612,000 after acquiring an additional 485 shares in the last quarter. Finally, Q3 Asset Management purchased a new position in shares of VanEck Retail ETF during the fourth quarter worth about $371,000. 25.85% of the stock is owned by institutional investors and hedge funds.

VanEck Retail ETF Stock Performance

VanEck Retail ETF stock opened at $220.26 on Monday. The company has a market capitalization of $218.06 million, a P/E ratio of 26.28 and a beta of 0.88. VanEck Retail ETF has a fifty-two week low of $195.37 and a fifty-two week high of $242.93. The stock has a 50-day simple moving average of $233.36 and a 200-day simple moving average of $225.80.

VanEck Retail ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 24th. Stockholders of record on Monday, December 23rd were issued a $1.732 dividend. The ex-dividend date was Monday, December 23rd.

VanEck Retail ETF 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.