Midwest Financial Group LLC Has $5.15 Million Position in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Midwest Financial Group LLC reduced its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 1.5% during the fourth quarter, Holdings Channel reports. The firm owned 55,491 shares of the company’s stock after selling 832 shares during the period. VanEck Morningstar Wide Moat ETF makes up 3.0% of Midwest Financial Group LLC’s portfolio, making the stock its 8th largest holding. Midwest Financial Group LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $5,145,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also added to or reduced their stakes in MOAT. Pinnacle Financial Partners Inc boosted its position in VanEck Morningstar Wide Moat ETF by 81.1% during the 3rd quarter. Pinnacle Financial Partners Inc now owns 373 shares of the company’s stock worth $36,000 after acquiring an additional 167 shares during the period. Truvestments Capital LLC purchased a new stake in shares of VanEck Morningstar Wide Moat ETF in the third quarter worth approximately $70,000. GAMMA Investing LLC acquired a new stake in shares of VanEck Morningstar Wide Moat ETF during the fourth quarter worth approximately $72,000. Avior Wealth Management LLC grew its position in VanEck Morningstar Wide Moat ETF by 2,231.7% during the fourth quarter. Avior Wealth Management LLC now owns 956 shares of the company’s stock valued at $89,000 after purchasing an additional 915 shares in the last quarter. Finally, Coastline Trust Co acquired a new position in VanEck Morningstar Wide Moat ETF in the 3rd quarter valued at approximately $146,000.

VanEck Morningstar Wide Moat ETF Trading Up 3.8 %

MOAT stock opened at $95.78 on Friday. The business has a 50-day moving average of $95.39 and a 200 day moving average of $94.10. The stock has a market cap of $16.20 billion, a P/E ratio of 28.30 and a beta of 1.01.

VanEck Morningstar Wide Moat ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 24th. Investors of record on Monday, December 23rd were issued 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.