Sequoia Financial Advisors LLC Reduces Holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Sequoia Financial Advisors LLC cut its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 38.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 230,396 shares of the company’s stock after selling 141,631 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $21,364,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Kentucky Trust Co purchased a new position in VanEck Morningstar Wide Moat ETF in the 4th quarter valued at about $28,000. Bfsg LLC purchased a new position in VanEck Morningstar Wide Moat ETF in the fourth quarter valued at about $33,000. Pinnacle Financial Partners Inc grew its stake in 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. Empowered Funds LLC purchased a new stake in VanEck Morningstar Wide Moat ETF during the 4th quarter worth approximately $64,000. Finally, Truvestments Capital LLC acquired a new position in shares of VanEck Morningstar Wide Moat ETF in the 3rd quarter valued at approximately $70,000.

VanEck Morningstar Wide Moat ETF Stock Performance

VanEck Morningstar Wide Moat ETF stock opened at $89.27 on Wednesday. The firm’s 50 day simple moving average is $92.88 and its 200 day simple moving average is $94.87. The stock has a market cap of $14.02 billion, a PE ratio of 24.84 and a beta of 1.04.

VanEck Morningstar Wide Moat ETF Announces Dividend

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