MML Investors Services LLC Acquires 246 Shares of VanEck Retail ETF (NASDAQ:RTH)

MML Investors Services LLC boosted its holdings in VanEck Retail ETF (NASDAQ:RTH) by 18.8% in the third quarter, Holdings Channel reports. The institutional investor owned 1,557 shares of the company’s stock after acquiring an additional 246 shares during the quarter. MML Investors Services LLC’s holdings in VanEck Retail ETF were worth $340,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of RTH. Great Diamond Partners LLC bought a new stake in shares of VanEck Retail ETF during the third quarter valued at about $1,915,000. Keystone Wealth Services LLC purchased a new position in VanEck Retail ETF during the third quarter valued at approximately $750,000. CX Institutional bought a new stake in VanEck Retail ETF during the 3rd quarter worth approximately $377,000. PFG Investments LLC bought a new stake in VanEck Retail ETF during the 3rd quarter worth approximately $297,000. Finally, Cetera Investment Advisers lifted its stake in VanEck Retail ETF by 7.0% in the 2nd quarter. Cetera Investment Advisers now owns 15,107 shares of the company’s stock worth $3,108,000 after purchasing an additional 991 shares in the last quarter. 25.85% of the stock is currently owned by hedge funds and other institutional investors.

VanEck Retail ETF Price Performance

RTH opened at $229.27 on Wednesday. The firm has a market capitalization of $233.86 million, a P/E ratio of 29.36 and a beta of 0.88. VanEck Retail ETF has a one year low of $184.66 and a one year high of $240.27. The company has a fifty day moving average price of $226.18 and a 200-day moving average price of $214.68.

VanEck Retail ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 24th. Investors of record on Monday, December 23rd were given a dividend of $1.732 per share. 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.