Sovereign Financial Group Inc. Acquires 247 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Posted by Dante Gardener on Jan 15th, 2025

Sovereign Financial Group Inc. grew its stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT – Free Report) by 3.0% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 8,407 shares of the company’s stock after buying an additional 247 shares during the quarter. Sovereign Financial Group Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $780,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in MOAT. Pinnacle Financial Partners Inc increased its stake in shares of VanEck Morningstar Wide Moat ETF by 81.1% in the third quarter. Pinnacle Financial Partners Inc now owns 373 shares of the company’s stock worth $36,000 after purchasing an additional 167 shares during the period. Truvestments Capital LLC bought a new position in VanEck Morningstar Wide Moat ETF in the 3rd quarter worth approximately $70,000. GAMMA Investing LLC acquired a new position in shares of VanEck Morningstar Wide Moat ETF during the fourth quarter worth approximately $72,000. Coastline Trust Co acquired a new position in shares of VanEck Morningstar Wide Moat ETF during the third quarter worth approximately $146,000. Finally, Saxony Capital Management LLC bought a new stake in shares of VanEck Morningstar Wide Moat ETF in the third quarter valued at approximately $202,000.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of MOAT stock opened at $92.29 on Wednesday. The company has a market capitalization of $15.61 billion, a price-to-earnings ratio of 28.30 and a beta of 1.01. The business’s 50-day moving average is $95.77 and its two-hundred day moving average is $93.80.

VanEck Morningstar Wide Moat ETF Dividend Announcement

The business 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 Company Profile

(Free Report)

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.