Able Wealth Management LLC Grows Position in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Able Wealth Management LLC raised its stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 55.9% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 22,122 shares of the company’s stock after purchasing an additional 7,931 shares during the quarter. VanEck Morningstar Wide Moat ETF comprises about 1.3% of Able Wealth Management LLC’s investment portfolio, making the stock its 18th biggest position. Able Wealth Management LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $2,051,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Citigroup Inc. raised its stake in shares of VanEck Morningstar Wide Moat ETF by 1.4% in the third quarter. Citigroup Inc. now owns 203,480 shares of the company’s stock valued at $19,727,000 after acquiring an additional 2,861 shares in the last quarter. Ameritas Advisory Services LLC increased its holdings in VanEck Morningstar Wide Moat ETF by 91.0% during the 4th quarter. Ameritas Advisory Services LLC now owns 13,547 shares of the company’s stock worth $1,256,000 after purchasing an additional 6,455 shares during the period. Townsquare Capital LLC raised its position in VanEck Morningstar Wide Moat ETF by 26.2% in the 3rd quarter. Townsquare Capital LLC now owns 4,377 shares of the company’s stock valued at $424,000 after purchasing an additional 909 shares in the last quarter. JPMorgan Chase & Co. raised its position in VanEck Morningstar Wide Moat ETF by 24.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 157,161 shares of the company’s stock valued at $15,237,000 after purchasing an additional 30,816 shares in the last quarter. Finally, Focus Financial Network Inc. boosted its stake in shares of VanEck Morningstar Wide Moat ETF by 3.0% in the 3rd quarter. Focus Financial Network Inc. now owns 24,453 shares of the company’s stock valued at $2,371,000 after buying an additional 703 shares during the period.

VanEck Morningstar Wide Moat ETF Stock Up 0.4 %

Shares of VanEck Morningstar Wide Moat ETF stock opened at $92.68 on Thursday. The stock has a market capitalization of $14.84 billion, a P/E ratio of 25.73 and a beta of 1.03. The business has a 50-day moving average price of $93.86 and a 200 day moving average price of $94.75.

VanEck Morningstar Wide Moat ETF Dividend Announcement

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

About VanEck Morningstar Wide Moat ETF

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.