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

IRON Financial LLC lessened its stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 10.2% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 38,682 shares of the company’s stock after selling 4,412 shares during the quarter. VanEck Morningstar Wide Moat ETF comprises 2.0% of IRON Financial LLC’s holdings, making the stock its 14th biggest position. IRON Financial LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $3,587,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. LPL Financial LLC grew its holdings in VanEck Morningstar Wide Moat ETF by 8.4% during the third quarter. LPL Financial LLC now owns 7,877,723 shares of the company’s stock worth $763,745,000 after acquiring an additional 613,683 shares during the period. Redhawk Wealth Advisors Inc. boosted its position in shares of VanEck Morningstar Wide Moat ETF by 11,390.1% during the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 316,668 shares of the company’s stock valued at $30,701,000 after purchasing an additional 313,912 shares in the last quarter. SK Wealth Management LLC acquired a new position in shares of VanEck Morningstar Wide Moat ETF in the 3rd quarter worth approximately $22,253,000. Sanctuary Advisors LLC bought a new stake in shares of VanEck Morningstar Wide Moat ETF in the 2nd quarter worth approximately $13,578,000. Finally, Plotkin Financial Advisors LLC acquired a new stake in VanEck Morningstar Wide Moat ETF during the third quarter valued at approximately $11,081,000.

VanEck Morningstar Wide Moat ETF Stock Performance

VanEck Morningstar Wide Moat ETF stock opened at $96.46 on Tuesday. The business has a 50-day simple moving average of $95.42 and a 200 day simple moving average of $94.28. The firm has a market capitalization of $16.31 billion, a price-to-earnings ratio of 28.30 and a beta of 1.01.

VanEck Morningstar Wide Moat ETF Dividend Announcement

The business also recently announced 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 of this dividend was Monday, December 23rd.

VanEck Morningstar Wide Moat ETF 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.