MGB Wealth Management LLC Purchases 2,928 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

MGB Wealth Management LLC raised its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 40.4% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 10,184 shares of the company’s stock after purchasing an additional 2,928 shares during the period. MGB Wealth Management LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $944,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of the company. Citigroup Inc. boosted its holdings in shares of VanEck Morningstar Wide Moat ETF by 1.4% in the third quarter. Citigroup Inc. now owns 203,480 shares of the company’s stock valued at $19,727,000 after buying an additional 2,861 shares during the period. Ameritas Advisory Services LLC boosted its stake in VanEck Morningstar Wide Moat ETF by 91.0% in the 4th quarter. Ameritas Advisory Services LLC now owns 13,547 shares of the company’s stock worth $1,256,000 after purchasing an additional 6,455 shares during the period. Townsquare Capital LLC increased its holdings in VanEck Morningstar Wide Moat ETF by 26.2% during the 3rd quarter. Townsquare Capital LLC now owns 4,377 shares of the company’s stock worth $424,000 after purchasing an additional 909 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of VanEck Morningstar Wide Moat ETF by 24.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 157,161 shares of the company’s stock valued at $15,237,000 after purchasing an additional 30,816 shares during the period. Finally, Castleview Partners LLC lifted its holdings in shares of VanEck Morningstar Wide Moat ETF by 1.6% in the third quarter. Castleview Partners LLC now owns 15,487 shares of the company’s stock valued at $1,501,000 after purchasing an additional 250 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Stock Down 0.7 %

MOAT stock opened at $91.65 on Thursday. The stock’s fifty day moving average price is $94.64 and its 200-day moving average price is $94.73. The firm has a market capitalization of $15.50 billion, a PE ratio of 28.30 and a beta of 1.01.

VanEck Morningstar Wide Moat ETF Announces Dividend

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