Western Pacific Wealth Management LP Has $83,000 Stock Position in VanEck Durable High Dividend ETF (BATS:DURA)

Western Pacific Wealth Management LP cut its position in VanEck Durable High Dividend ETF (BATS:DURA) by 59.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,550 shares of the company’s stock after selling 3,750 shares during the period. Western Pacific Wealth Management LP owned 0.14% of VanEck Durable High Dividend ETF worth $83,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Marshall Financial Group LLC bought a new position in shares of VanEck Durable High Dividend ETF in the third quarter valued at approximately $1,425,000. Private Advisor Group LLC bought a new position in VanEck Durable High Dividend ETF in the 3rd quarter valued at $771,000. Finally, MML Investors Services LLC boosted its stake in VanEck Durable High Dividend ETF by 0.5% in the third quarter. MML Investors Services LLC now owns 85,094 shares of the company’s stock worth $2,958,000 after purchasing an additional 438 shares in the last quarter.

VanEck Durable High Dividend ETF Stock Performance

Shares of BATS:DURA opened at $33.11 on Friday. The firm has a fifty day simple moving average of $33.39 and a two-hundred day simple moving average of $33.84. The firm has a market capitalization of $59.59 million, a price-to-earnings ratio of 16.54 and a beta of 0.55.

About VanEck Durable High Dividend ETF

The VanEck Morningstar Durable Dividend ETF (DURA) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a dividend-weighted index of US firms that are screened for dividend yield, financial health, and valuation. DURA was launched on Oct 30, 2018 and is managed by VanEck.