Magnolia Capital Advisors LLC Lowers Stock Holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Magnolia Capital Advisors LLC reduced its stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 0.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 83,153 shares of the company’s stock after selling 744 shares during the quarter. VanEck Morningstar Wide Moat ETF comprises 3.9% of Magnolia Capital Advisors LLC’s holdings, making the stock its 6th largest position. Magnolia Capital Advisors LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $7,710,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. LPL Financial LLC grew its position in shares of VanEck Morningstar Wide Moat ETF by 8.4% during the 3rd quarter. LPL Financial LLC now owns 7,877,723 shares of the company’s stock worth $763,745,000 after purchasing an additional 613,683 shares in the last quarter. Mesirow Financial Investment Management Inc. grew its position in shares of VanEck Morningstar Wide Moat ETF by 3.6% during the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 2,641,655 shares of the company’s stock worth $256,113,000 after purchasing an additional 91,428 shares in the last quarter. Raymond James & Associates grew its position in shares of VanEck Morningstar Wide Moat ETF by 0.3% during the 3rd quarter. Raymond James & Associates now owns 2,386,177 shares of the company’s stock worth $231,340,000 after purchasing an additional 7,909 shares in the last quarter. CWM LLC grew its position in shares of VanEck Morningstar Wide Moat ETF by 10.5% during the 3rd quarter. CWM LLC now owns 1,152,800 shares of the company’s stock worth $111,764,000 after purchasing an additional 109,394 shares in the last quarter. Finally, Brookstone Capital Management grew its position in shares of VanEck Morningstar Wide Moat ETF by 2.8% during the 3rd quarter. Brookstone Capital Management now owns 1,015,140 shares of the company’s stock worth $98,418,000 after purchasing an additional 27,848 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of BATS:MOAT opened at $95.54 on Monday. The stock’s 50-day simple moving average is $95.42 and its 200 day simple moving average is $94.50. The firm has a market cap of $16.16 billion, a price-to-earnings ratio of 28.30 and a beta of 1.01.

VanEck Morningstar Wide Moat ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 24th. Investors of record on Monday, December 23rd were given a dividend of $1.2675 per share. The ex-dividend date of this dividend was Monday, December 23rd.

VanEck Morningstar Wide Moat ETF 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.