Farther Finance Advisors LLC Has $9.77 Million Stock Position in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Farther Finance Advisors LLC raised its position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 13,634.4% in the fourth quarter, Holdings Channel reports. The fund owned 105,343 shares of the company’s stock after buying an additional 104,576 shares during the quarter. Farther Finance Advisors LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $9,768,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently made changes to their positions in MOAT. Kentucky Trust Co acquired a new position in shares of VanEck Morningstar Wide Moat ETF during the fourth quarter worth approximately $28,000. Bfsg LLC bought a new position in VanEck Morningstar Wide Moat ETF during the fourth quarter worth $33,000. Pinnacle Financial Partners Inc raised its stake 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 valued at $36,000 after purchasing an additional 167 shares during the last quarter. Empowered Funds LLC bought a new stake in VanEck Morningstar Wide Moat ETF in the 4th quarter valued at $64,000. Finally, Truvestments Capital LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF during the 3rd quarter worth about $70,000.

VanEck Morningstar Wide Moat ETF Stock Down 3.3 %

Shares of MOAT opened at $89.27 on Wednesday. The firm’s 50-day moving average price is $92.88 and its 200-day moving average price is $94.87. The company has a market capitalization of $14.02 billion, a price-to-earnings ratio of 24.84 and a beta of 1.04.

VanEck Morningstar Wide Moat ETF Dividend Announcement

The company 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 of this dividend was Monday, December 23rd.

VanEck Morningstar Wide Moat ETF 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.