Berkshire Money Management Inc. Raises Stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Berkshire Money Management Inc. lifted its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 0.8% during the 4th quarter, Holdings Channel reports. The fund owned 249,746 shares of the company’s stock after buying an additional 1,893 shares during the quarter. VanEck Morningstar Wide Moat ETF comprises 2.5% of Berkshire Money Management Inc.’s portfolio, making the stock its 13th largest holding. Berkshire Money Management Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $23,158,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Pinnacle Financial Partners Inc increased its stake in VanEck Morningstar Wide Moat ETF by 81.1% during the third quarter. Pinnacle Financial Partners Inc now owns 373 shares of the company’s stock worth $36,000 after acquiring an additional 167 shares during the last quarter. Truvestments Capital LLC acquired a new stake in shares of VanEck Morningstar Wide Moat ETF during the 3rd quarter worth about $70,000. GAMMA Investing LLC acquired a new stake in shares of VanEck Morningstar Wide Moat ETF during the 4th quarter worth about $72,000. Avior Wealth Management LLC lifted its position in VanEck Morningstar Wide Moat ETF by 2,231.7% in the fourth quarter. Avior Wealth Management LLC now owns 956 shares of the company’s stock valued at $89,000 after buying an additional 915 shares during the last quarter. Finally, Coastline Trust Co purchased a new position in VanEck Morningstar Wide Moat ETF during the third quarter worth about $146,000.

VanEck Morningstar Wide Moat ETF Trading Up 1.7 %

Shares of MOAT opened at $93.86 on Wednesday. The firm has a market capitalization of $15.87 billion, a PE ratio of 28.30 and a beta of 1.01. The company’s fifty day moving average is $95.34 and its 200-day moving average is $94.58.

VanEck Morningstar Wide Moat ETF Dividend Announcement

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