Vantage Point Financial LLC Purchases New Stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Vantage Point Financial LLC acquired a new position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the fourth quarter, HoldingsChannel reports. The institutional investor acquired 35,916 shares of the company’s stock, valued at approximately $3,330,000. VanEck Morningstar Wide Moat ETF accounts for 1.8% of Vantage Point Financial LLC’s portfolio, making the stock its 17th largest position.

Other institutional investors have also recently added to or reduced their stakes in the company. Park Avenue Securities LLC boosted its holdings in shares of VanEck Morningstar Wide Moat ETF by 17.1% during the third quarter. Park Avenue Securities LLC now owns 3,273 shares of the company’s stock valued at $317,000 after acquiring an additional 477 shares during the period. Axiom Advisory LLC lifted its position in VanEck Morningstar Wide Moat ETF by 1.6% in the 3rd quarter. Axiom Advisory LLC now owns 10,560 shares of the company’s stock valued at $966,000 after purchasing an additional 165 shares during the last quarter. Dynamic Advisor Solutions LLC boosted its stake in VanEck Morningstar Wide Moat ETF by 1.2% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 197,121 shares of the company’s stock valued at $19,111,000 after purchasing an additional 2,275 shares during the period. Financial Synergies Wealth Advisors Inc. grew its position in VanEck Morningstar Wide Moat ETF by 13.5% in the 3rd quarter. Financial Synergies Wealth Advisors Inc. now owns 6,337 shares of the company’s stock worth $614,000 after purchasing an additional 754 shares during the last quarter. Finally, Tealwood Asset Management Inc. acquired a new stake in shares of VanEck Morningstar Wide Moat ETF in the third quarter valued at approximately $227,000.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of BATS MOAT opened at $94.55 on Tuesday. The firm has a market capitalization of $15.99 billion, a P/E ratio of 28.30 and a beta of 1.01. The business’s 50-day simple moving average is $95.42 and its 200 day simple moving average is $94.53.

VanEck Morningstar Wide Moat ETF Announces Dividend

The firm 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.

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.