Avantax Advisory Services Inc. Boosts Stock Holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Avantax Advisory Services Inc. raised its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 18.2% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 869,839 shares of the company’s stock after purchasing an additional 134,193 shares during the period. VanEck Morningstar Wide Moat ETF accounts for about 0.5% of Avantax Advisory Services Inc.’s portfolio, making the stock its 27th largest position. Avantax Advisory Services Inc. owned 0.51% of VanEck Morningstar Wide Moat ETF worth $80,656,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in MOAT. Trilogy Capital Inc. grew its position in shares of VanEck Morningstar Wide Moat ETF by 1.2% in the 4th quarter. Trilogy Capital Inc. now owns 8,531 shares of the company’s stock worth $791,000 after buying an additional 104 shares during the last quarter. Waddell & Associates LLC grew its position in shares of VanEck Morningstar Wide Moat ETF by 4.9% in the 3rd quarter. Waddell & Associates LLC now owns 2,538 shares of the company’s stock worth $246,000 after buying an additional 119 shares during the last quarter. Axxcess Wealth Management LLC grew its position in shares of VanEck Morningstar Wide Moat ETF by 2.9% in the 3rd quarter. Axxcess Wealth Management LLC now owns 4,288 shares of the company’s stock worth $416,000 after buying an additional 120 shares during the last quarter. PFG Investments LLC grew its position in shares of VanEck Morningstar Wide Moat ETF by 1.0% in the 4th quarter. PFG Investments LLC now owns 11,817 shares of the company’s stock worth $1,096,000 after buying an additional 121 shares during the last quarter. Finally, Comprehensive Financial Consultants Institutional Inc. grew its position in shares of VanEck Morningstar Wide Moat ETF by 0.6% in the 4th quarter. Comprehensive Financial Consultants Institutional Inc. now owns 19,292 shares of the company’s stock worth $1,789,000 after buying an additional 123 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of VanEck Morningstar Wide Moat ETF stock opened at $89.27 on Wednesday. The stock has a 50-day moving average price of $92.88 and a 200 day moving average price of $94.87. The stock has a market cap of $14.02 billion, a P/E ratio of 24.84 and a beta of 1.04.

VanEck Morningstar Wide Moat ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, December 24th. Investors of record on Monday, December 23rd were paid a $1.2675 dividend. The ex-dividend date 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.