Davidson Capital Management Inc. Trims Stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Davidson Capital Management Inc. decreased its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 0.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 230,746 shares of the company’s stock after selling 1,522 shares during the period. VanEck Morningstar Wide Moat ETF comprises about 5.6% of Davidson Capital Management Inc.’s portfolio, making the stock its 5th largest holding. Davidson Capital Management Inc. owned approximately 0.14% of VanEck Morningstar Wide Moat ETF worth $21,396,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in MOAT. Kentucky Trust Co acquired a new stake in shares of VanEck Morningstar Wide Moat ETF during the 4th quarter worth approximately $28,000. Gladstone Institutional Advisory LLC boosted its position in VanEck Morningstar Wide Moat ETF by 14.6% during the 4th quarter. Gladstone Institutional Advisory LLC now owns 56,081 shares of the company’s stock valued at $5,200,000 after purchasing an additional 7,132 shares during the period. Sovran Advisors LLC bought a new position in VanEck Morningstar Wide Moat ETF during the 4th quarter worth $1,050,000. Summit Trail Advisors LLC acquired a new stake in VanEck Morningstar Wide Moat ETF in the fourth quarter worth $2,151,000. Finally, Focus Financial Network Inc. lifted its stake in VanEck Morningstar Wide Moat ETF by 7.2% in the fourth quarter. Focus Financial Network Inc. now owns 26,214 shares of the company’s stock valued at $2,431,000 after buying an additional 1,761 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Trading Down 0.6 %

Shares of MOAT opened at $91.77 on Wednesday. The company’s 50-day moving average price is $94.76 and its two-hundred day moving average price is $94.72. The firm has a market capitalization of $15.52 billion, a P/E ratio of 28.30 and a beta of 1.01.

VanEck Morningstar Wide Moat ETF Dividend Announcement

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