Commonwealth Equity Services LLC Reduces Stock Position in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Commonwealth Equity Services LLC lowered its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 1.5% during the 4th quarter, HoldingsChannel reports. The fund owned 2,195,450 shares of the company’s stock after selling 33,246 shares during the period. Commonwealth Equity Services LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $203,573,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of MOAT stock opened at $88.60 on Thursday. The company’s 50-day simple moving average is $92.79 and its two-hundred day simple moving average is $94.83. The company has a market cap of $13.91 billion, a P/E ratio of 24.84 and a beta of 1.04.

VanEck Morningstar Wide Moat ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were paid a $1.2675 dividend. 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.