Summit Trail Advisors LLC Makes New $2.15 Million Investment in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Summit Trail Advisors LLC bought a new position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 23,203 shares of the company’s stock, valued at approximately $2,151,000.

A number of other institutional investors have also recently added to or reduced their stakes in MOAT. Park Avenue Securities LLC lifted its position in VanEck Morningstar Wide Moat ETF by 17.1% in the third quarter. Park Avenue Securities LLC now owns 3,273 shares of the company’s stock worth $317,000 after purchasing an additional 477 shares during the period. Redhawk Wealth Advisors Inc. lifted its position in VanEck Morningstar Wide Moat ETF by 11,390.1% in the third quarter. Redhawk Wealth Advisors Inc. now owns 316,668 shares of the company’s stock worth $30,701,000 after purchasing an additional 313,912 shares during the period. Thomasville National Bank acquired a new stake in VanEck Morningstar Wide Moat ETF in the third quarter worth approximately $217,000. Oliver Luxxe Assets LLC lifted its position in VanEck Morningstar Wide Moat ETF by 0.9% in the third quarter. Oliver Luxxe Assets LLC now owns 21,845 shares of the company’s stock worth $2,118,000 after purchasing an additional 192 shares during the period. Finally, Accelerate Investment Advisors LLC acquired a new stake in VanEck Morningstar Wide Moat ETF in the third quarter worth approximately $526,000.

VanEck Morningstar Wide Moat ETF Price Performance

MOAT opened at $91.70 on Tuesday. The business has a fifty day moving average price of $94.90 and a 200 day moving average price of $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 business 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.