Collaborative Wealth Managment Inc. Acquires 506 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Collaborative Wealth Managment Inc. boosted its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 1.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 36,715 shares of the company’s stock after purchasing an additional 506 shares during the period. VanEck Morningstar Wide Moat ETF comprises 1.5% of Collaborative Wealth Managment Inc.’s portfolio, making the stock its 17th biggest holding. Collaborative Wealth Managment Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $3,404,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Kentucky Trust Co bought a new position in shares of VanEck Morningstar Wide Moat ETF in the fourth quarter valued at approximately $28,000. Bfsg LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF in the fourth quarter valued at approximately $33,000. Pinnacle Financial Partners Inc raised its stake in shares of VanEck Morningstar Wide Moat ETF by 81.1% in the third quarter. Pinnacle Financial Partners Inc now owns 373 shares of the company’s stock valued at $36,000 after acquiring an additional 167 shares during the last quarter. Empowered Funds LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF in the fourth quarter valued at approximately $64,000. Finally, Truvestments Capital LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF in the third quarter valued at approximately $70,000.

VanEck Morningstar Wide Moat ETF Trading Down 3.5 %

BATS:MOAT opened at $89.02 on Friday. The stock has a market capitalization of $13.98 billion, a P/E ratio of 24.84 and a beta of 1.04. The firm has a 50 day moving average of $92.63 and a 200-day moving average of $94.74. VanEck Morningstar Wide Moat ETF has a 1 year low of $83.63 and a 1 year high of $99.06.

VanEck Morningstar Wide Moat ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 24th. Investors of record on Monday, December 23rd were issued 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.