VanEck Morningstar Wide Moat ETF (BATS:MOAT) Shares Sold by Smith Anglin Financial LLC

Smith Anglin Financial LLC lowered its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 6.6% in the fourth quarter, Holdings Channel.com reports. The fund owned 111,690 shares of the company’s stock after selling 7,942 shares during the quarter. VanEck Morningstar Wide Moat ETF makes up 1.0% of Smith Anglin Financial LLC’s investment portfolio, making the stock its 19th largest position. Smith Anglin Financial LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $10,356,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Pinnacle Financial Partners Inc raised its stake in shares of 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 worth $36,000 after buying an additional 167 shares during the last quarter. Truvestments Capital LLC acquired a new position in VanEck Morningstar Wide Moat ETF in the 3rd quarter valued at about $70,000. GAMMA Investing LLC acquired a new position in VanEck Morningstar Wide Moat ETF in the 4th quarter valued at about $72,000. Coastline Trust Co acquired a new position in VanEck Morningstar Wide Moat ETF in the 3rd quarter valued at about $146,000. Finally, Saxony Capital Management LLC acquired a new position in VanEck Morningstar Wide Moat ETF in the 3rd quarter valued at about $202,000.

VanEck Morningstar Wide Moat ETF Stock Up 0.2 %

Shares of MOAT stock opened at $92.29 on Wednesday. The company has a fifty day moving average price of $95.77 and a 200-day moving average price of $93.80. The firm has a market cap of $15.61 billion, a P/E ratio of 28.30 and a beta of 1.01.

VanEck Morningstar Wide Moat ETF Dividend Announcement

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