Northeast Investment Management Buys Shares of 3,316 VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Northeast Investment Management purchased a new position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 3,316 shares of the company’s stock, valued at approximately $307,000.

Several other institutional investors have also recently made changes to their positions in MOAT. AlphaStar Capital Management LLC increased its position in VanEck Morningstar Wide Moat ETF by 5.8% during the 4th quarter. AlphaStar Capital Management LLC now owns 10,660 shares of the company’s stock valued at $988,000 after purchasing an additional 589 shares during the period. Empowered Funds LLC purchased a new position in VanEck Morningstar Wide Moat ETF during the fourth quarter valued at approximately $64,000. Santori & Peters Inc. raised its stake in VanEck Morningstar Wide Moat ETF by 1.0% in the fourth quarter. Santori & Peters Inc. now owns 50,368 shares of the company’s stock worth $4,670,000 after buying an additional 492 shares in the last quarter. Kingsview Wealth Management LLC lifted its holdings in VanEck Morningstar Wide Moat ETF by 16.2% during the fourth quarter. Kingsview Wealth Management LLC now owns 8,497 shares of the company’s stock worth $788,000 after buying an additional 1,183 shares during the period. Finally, Glassy Mountain Advisors Inc. increased its holdings in shares of VanEck Morningstar Wide Moat ETF by 82.6% in the 4th quarter. Glassy Mountain Advisors Inc. now owns 5,482 shares of the company’s stock valued at $508,000 after acquiring an additional 2,480 shares during the period.

VanEck Morningstar Wide Moat ETF Trading Down 0.7 %

MOAT opened at $91.65 on Friday. The company has a market cap of $15.50 billion, a price-to-earnings ratio of 28.30 and a beta of 1.01. The stock has a 50 day moving average of $94.90 and a two-hundred day moving average of $94.61.

VanEck Morningstar Wide Moat ETF Announces Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 24th. Stockholders of record on Monday, December 23rd were issued a $1.2675 dividend. The ex-dividend date of this dividend 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.