Redhawk Wealth Advisors Inc. Grows Stock Holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Redhawk Wealth Advisors Inc. grew its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 4.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 329,488 shares of the company’s stock after acquiring an additional 12,820 shares during the period. VanEck Morningstar Wide Moat ETF comprises approximately 4.1% of Redhawk Wealth Advisors Inc.’s holdings, making the stock its 4th largest position. Redhawk Wealth Advisors Inc. owned about 0.19% of VanEck Morningstar Wide Moat ETF worth $30,552,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of MOAT. LPL Financial LLC raised its stake in 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 acquiring an additional 613,683 shares during the period. Mesirow Financial Investment Management Inc. increased its stake in shares of VanEck Morningstar Wide Moat ETF by 3.6% in the third 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 raised 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 valued at $231,340,000 after purchasing an additional 7,909 shares during the period. CWM LLC raised 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 valued at $111,764,000 after purchasing an additional 109,394 shares during the period. Finally, Brookstone Capital Management lifted its stake 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 valued at $98,418,000 after buying an additional 27,848 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of MOAT stock opened at $92.86 on Thursday. The business has a 50-day simple moving average of $95.77 and a two-hundred day simple moving average of $93.80. The stock has a market cap of $15.70 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. Investors of record on Monday, December 23rd were paid a dividend of $1.2675 per share. The ex-dividend date was Monday, December 23rd.

About VanEck Morningstar Wide Moat ETF

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.