DAVENPORT & Co LLC Buys 8,909 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

DAVENPORT & Co LLC increased its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 4.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 232,234 shares of the company’s stock after acquiring an additional 8,909 shares during the period. DAVENPORT & Co LLC owned 0.14% of VanEck Morningstar Wide Moat ETF worth $21,534,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the stock. Pinnacle Financial Partners Inc boosted its holdings in VanEck Morningstar Wide Moat ETF by 81.1% during the third quarter. Pinnacle Financial Partners Inc now owns 373 shares of the company’s stock valued at $36,000 after acquiring an additional 167 shares during the period. Truvestments Capital LLC bought a new stake in VanEck Morningstar Wide Moat ETF during the 3rd quarter valued at approximately $70,000. GAMMA Investing LLC acquired a new stake in VanEck Morningstar Wide Moat ETF in the 4th quarter valued at approximately $72,000. Avior Wealth Management LLC increased its position in VanEck Morningstar Wide Moat ETF by 2,231.7% in the 4th quarter. Avior Wealth Management LLC now owns 956 shares of the company’s stock worth $89,000 after buying an additional 915 shares during the period. Finally, Coastline Trust Co acquired a new position in shares of VanEck Morningstar Wide Moat ETF during the third quarter worth approximately $146,000.

VanEck Morningstar Wide Moat ETF Stock Up 3.5 %

MOAT opened at $95.54 on Monday. The company has a market capitalization of $16.16 billion, a PE ratio of 28.30 and a beta of 1.01. The company has a fifty day simple moving average of $95.42 and a 200 day simple moving average of $94.50.

VanEck Morningstar Wide Moat ETF Dividend Announcement

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