Summit Trail Advisors LLC Takes Position in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Summit Trail Advisors LLC bought a new stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 23,203 shares of the company’s stock, valued at approximately $2,151,000.

Other institutional investors also recently made changes to their positions in the company. Pinnacle Financial Partners Inc grew its holdings in shares of VanEck Morningstar Wide Moat ETF by 81.1% during the third quarter. Pinnacle Financial Partners Inc now owns 373 shares of the company’s stock valued at $36,000 after purchasing an additional 167 shares during the last quarter. Empowered Funds LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF during the fourth quarter valued at approximately $64,000. Truvestments Capital LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF during the third quarter valued at approximately $70,000. GAMMA Investing LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF during the fourth quarter valued at approximately $72,000. Finally, Avior Wealth Management LLC boosted its position in shares of VanEck Morningstar Wide Moat ETF by 2,231.7% during the fourth quarter. Avior Wealth Management LLC now owns 956 shares of the company’s stock worth $89,000 after buying an additional 915 shares during the period.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of BATS MOAT opened at $91.70 on Tuesday. The business’s 50-day simple moving average is $94.90 and its 200 day simple moving average is $94.70. The firm has a market capitalization of $15.51 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 disclosed a dividend, which was paid on Tuesday, December 24th. Stockholders of record on Monday, December 23rd were given a dividend of $1.2675 per share. 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.