Foguth Wealth Management LLC. Increases Position in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Foguth Wealth Management LLC. grew its stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 43.4% during the fourth quarter, HoldingsChannel reports. The fund owned 224,264 shares of the company’s stock after acquiring an additional 67,916 shares during the quarter. VanEck Morningstar Wide Moat ETF comprises about 5.6% of Foguth Wealth Management LLC.’s holdings, making the stock its 3rd largest position. Foguth Wealth Management LLC.’s holdings in VanEck Morningstar Wide Moat ETF were worth $21,487,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Choreo LLC grew its holdings in VanEck Morningstar Wide Moat ETF by 4.0% in the fourth quarter. Choreo LLC now owns 10,766 shares of the company’s stock valued at $997,000 after purchasing an additional 414 shares during the period. Berkshire Money Management Inc. raised its holdings in shares of VanEck Morningstar Wide Moat ETF by 0.8% during the fourth quarter. Berkshire Money Management Inc. now owns 249,746 shares of the company’s stock valued at $23,158,000 after acquiring an additional 1,893 shares during the last quarter. Stratos Wealth Advisors LLC lifted its position in shares of VanEck Morningstar Wide Moat ETF by 0.9% in the fourth quarter. Stratos Wealth Advisors LLC now owns 24,835 shares of the company’s stock valued at $2,303,000 after acquiring an additional 225 shares in the last quarter. Tanager Wealth Management LLP boosted its stake in shares of VanEck Morningstar Wide Moat ETF by 7.2% in the fourth quarter. Tanager Wealth Management LLP now owns 478,593 shares of the company’s stock worth $44,378,000 after acquiring an additional 32,327 shares during the last quarter. Finally, James J. Burns & Company LLC increased its position in shares of VanEck Morningstar Wide Moat ETF by 8.9% during the fourth quarter. James J. Burns & Company LLC now owns 115,668 shares of the company’s stock worth $10,726,000 after purchasing an additional 9,425 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Price Performance

VanEck Morningstar Wide Moat ETF stock opened at $93.86 on Wednesday. The business’s 50-day simple moving average is $95.25 and its two-hundred day simple moving average is $94.62. The stock has a market capitalization of $15.87 billion, a price-to-earnings ratio of 28.30 and a beta of 1.01.

VanEck Morningstar Wide Moat ETF Announces Dividend

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

VanEck Morningstar Wide Moat ETF Company 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.