VanEck Morningstar Wide Moat ETF (BATS:MOAT) Stock Position Reduced by Archford Capital Strategies LLC

Archford Capital Strategies LLC trimmed its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 8.6% in the fourth quarter, Holdings Channel reports. The institutional investor owned 121,783 shares of the company’s stock after selling 11,513 shares during the period. VanEck Morningstar Wide Moat ETF makes up 1.7% of Archford Capital Strategies LLC’s holdings, making the stock its 9th biggest holding. Archford Capital Strategies LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $11,292,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in MOAT. TTP Investments Inc. boosted its stake in VanEck Morningstar Wide Moat ETF by 2.6% in the fourth quarter. TTP Investments Inc. now owns 536,118 shares of the company’s stock valued at $49,712,000 after acquiring an additional 13,625 shares in the last quarter. Jacksonville Wealth Management LLC acquired a new stake in shares of VanEck Morningstar Wide Moat ETF in the 4th quarter valued at about $2,460,000. Merkkuri Wealth Advisors LLC grew its stake in VanEck Morningstar Wide Moat ETF by 1.3% during the 4th quarter. Merkkuri Wealth Advisors LLC now owns 16,082 shares of the company’s stock worth $1,491,000 after buying an additional 208 shares during the last quarter. Geneos Wealth Management Inc. increased its position in VanEck Morningstar Wide Moat ETF by 9.2% during the fourth quarter. Geneos Wealth Management Inc. now owns 333,695 shares of the company’s stock worth $30,944,000 after buying an additional 28,200 shares during the period. Finally, Eclectic Associates Inc. ADV purchased a new stake in VanEck Morningstar Wide Moat ETF in the fourth quarter valued at approximately $570,000.

VanEck Morningstar Wide Moat ETF Trading Up 3.8 %

Shares of MOAT opened at $95.78 on Friday. The business’s 50-day simple moving average is $95.42 and its 200 day simple moving average is $94.16. The stock has a market capitalization of $16.20 billion, a price-to-earnings ratio of 28.30 and a beta of 1.01.

VanEck Morningstar Wide Moat ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 24th. Stockholders of record on Monday, December 23rd were paid a dividend of $1.2675 per share. The ex-dividend date was Monday, December 23rd.

VanEck Morningstar Wide Moat ETF Company Profile

The VanEck Morningstar Wide Moat ETF (MOAT) is an exchange-traded fund that is based on the Morningstar Wide Moat Focus 20 index. The fund tracks a staggered, equal-weighted index of 40 US companies that Morningstar determines to have the highest fair value among firms with a sustainable competitive advantage.