VanEck Morningstar Wide Moat ETF (BATS:MOAT) is HBW Advisory Services LLC’s 8th Largest Position

HBW Advisory Services LLC boosted its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 1.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 142,259 shares of the company’s stock after acquiring an additional 1,613 shares during the quarter. VanEck Morningstar Wide Moat ETF accounts for approximately 1.9% of HBW Advisory Services LLC’s investment portfolio, making the stock its 8th biggest holding. HBW Advisory Services LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $13,191,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in MOAT. Pinnacle Financial Partners Inc grew its position in shares of VanEck Morningstar Wide Moat ETF by 81.1% during the 3rd quarter. Pinnacle Financial Partners Inc now owns 373 shares of the company’s stock valued at $36,000 after purchasing an additional 167 shares in the last quarter. Truvestments Capital LLC purchased a new position in shares of VanEck Morningstar Wide Moat ETF during the 3rd quarter valued at $70,000. GAMMA Investing LLC purchased a new position in shares of VanEck Morningstar Wide Moat ETF during the 4th quarter valued at $72,000. Coastline Trust Co purchased a new position in shares of VanEck Morningstar Wide Moat ETF during the 3rd quarter valued at $146,000. Finally, Saxony Capital Management LLC purchased a new position in shares of VanEck Morningstar Wide Moat ETF during the 3rd quarter valued at $202,000.

VanEck Morningstar Wide Moat ETF Trading Down 0.2 %

Shares of MOAT traded down $0.14 during mid-day trading on Friday, reaching $92.49. 801,447 shares of the stock traded hands. The business has a 50-day simple moving average of $95.96 and a two-hundred day simple moving average of $93.60. The firm has a market cap of $15.64 billion, a P/E 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. Investors 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.