Able Wealth Management LLC Raises Stock Holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Able Wealth Management LLC grew its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 55.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 22,122 shares of the company’s stock after buying an additional 7,931 shares during the quarter. VanEck Morningstar Wide Moat ETF accounts for 1.3% of Able Wealth Management LLC’s investment portfolio, making the stock its 18th largest position. Able Wealth Management LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $2,051,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Concurrent Investment Advisors LLC lifted its stake in VanEck Morningstar Wide Moat ETF by 34.3% in the 4th quarter. Concurrent Investment Advisors LLC now owns 31,804 shares of the company’s stock valued at $2,949,000 after buying an additional 8,127 shares in the last quarter. Advyzon Investment Management LLC purchased a new position in VanEck Morningstar Wide Moat ETF in the 4th quarter valued at $1,125,000. Ieq Capital LLC boosted its stake in VanEck Morningstar Wide Moat ETF by 11.6% during the 4th quarter. Ieq Capital LLC now owns 12,530 shares of the company’s stock worth $1,162,000 after purchasing an additional 1,301 shares during the last quarter. Legacy Solutions LLC purchased a new stake in shares of VanEck Morningstar Wide Moat ETF during the fourth quarter worth $6,098,000. Finally, Flagstar Advisors Inc. raised its position in shares of VanEck Morningstar Wide Moat ETF by 8.1% in the fourth quarter. Flagstar Advisors Inc. now owns 150,054 shares of the company’s stock valued at $13,914,000 after buying an additional 11,306 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Price Performance

MOAT opened at $92.68 on Thursday. The stock has a market cap of $14.84 billion, a price-to-earnings ratio of 25.73 and a beta of 1.03. The business has a fifty day simple moving average of $93.86 and a 200 day simple moving average of $94.75.

VanEck Morningstar Wide Moat ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, December 24th. Stockholders 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 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.