Morningstar Investment Management LLC Has $5.94 Million Holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Morningstar Investment Management LLC cut its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 16.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 64,083 shares of the company’s stock after selling 12,879 shares during the quarter. VanEck Morningstar Wide Moat ETF accounts for 0.5% of Morningstar Investment Management LLC’s holdings, making the stock its 26th largest position. Morningstar Investment Management LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $5,942,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Kentucky Trust Co bought a new position in shares of VanEck Morningstar Wide Moat ETF in the fourth quarter worth $28,000. Bfsg LLC acquired a new stake in VanEck Morningstar Wide Moat ETF during the fourth quarter worth about $33,000. Pinnacle Financial Partners Inc raised its position in shares of VanEck Morningstar Wide Moat ETF by 81.1% in the 3rd quarter. Pinnacle Financial Partners Inc now owns 373 shares of the company’s stock valued at $36,000 after buying an additional 167 shares in the last quarter. Empowered Funds LLC acquired a new position in shares of VanEck Morningstar Wide Moat ETF in the 4th quarter valued at approximately $64,000. Finally, Truvestments Capital LLC bought a new stake in shares of VanEck Morningstar Wide Moat ETF during the 3rd quarter worth approximately $70,000.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of MOAT opened at $92.68 on Thursday. The company has a market cap of $14.84 billion, a price-to-earnings ratio of 25.73 and a beta of 1.03. The firm has a 50-day simple moving average of $93.86 and a two-hundred day simple moving average of $94.75.

VanEck Morningstar Wide Moat ETF Announces Dividend

The business also recently declared 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 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.