MinichMacGregor Wealth Management LLC Grows Stock Holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

MinichMacGregor Wealth Management LLC boosted its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 3.0% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 270,157 shares of the company’s stock after purchasing an additional 7,965 shares during the period. VanEck Morningstar Wide Moat ETF comprises 5.2% of MinichMacGregor Wealth Management LLC’s investment portfolio, making the stock its 2nd biggest position. MinichMacGregor Wealth Management LLC owned approximately 0.16% of VanEck Morningstar Wide Moat ETF worth $25,050,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MOAT. Pinnacle Financial Partners Inc boosted its holdings in shares of VanEck Morningstar Wide Moat ETF by 81.1% in the 3rd quarter. Pinnacle Financial Partners Inc now owns 373 shares of the company’s stock worth $36,000 after buying an additional 167 shares during the last quarter. Truvestments Capital LLC bought a new stake in VanEck Morningstar Wide Moat ETF in the third quarter worth about $70,000. GAMMA Investing LLC purchased a new position in VanEck Morningstar Wide Moat ETF in the fourth quarter valued at about $72,000. Coastline Trust Co bought a new position in shares of VanEck Morningstar Wide Moat ETF during the 3rd quarter valued at approximately $146,000. Finally, Saxony Capital Management LLC bought a new stake in shares of VanEck Morningstar Wide Moat ETF in the 3rd quarter worth approximately $202,000.

VanEck Morningstar Wide Moat ETF Price Performance

BATS:MOAT opened at $95.47 on Thursday. The business has a 50 day moving average of $95.40 and a 200 day moving average of $94.08. The company has a market cap of $16.14 billion, a PE ratio of 28.30 and a beta of 1.01.

VanEck Morningstar Wide Moat ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were paid 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.