Axxcess Wealth Management LLC Acquires 15,441 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Axxcess Wealth Management LLC boosted its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 360.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 19,729 shares of the company’s stock after acquiring an additional 15,441 shares during the period. Axxcess Wealth Management LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $1,829,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in MOAT. Raymond James Financial Inc. bought a new position in VanEck Morningstar Wide Moat ETF in the fourth quarter valued at about $502,621,000. Mesirow Financial Investment Management Inc. boosted its holdings in VanEck Morningstar Wide Moat ETF by 32.5% in the fourth quarter. Mesirow Financial Investment Management Inc. now owns 3,500,055 shares of the company’s stock valued at $324,541,000 after acquiring an additional 858,400 shares during the last quarter. LPL Financial LLC lifted its stake in VanEck Morningstar Wide Moat ETF by 8.4% in the third quarter. LPL Financial LLC now owns 7,877,723 shares of the company’s stock valued at $763,745,000 after buying an additional 613,683 shares during the period. Jones Financial Companies Lllp lifted its stake in VanEck Morningstar Wide Moat ETF by 62.0% in the fourth quarter. Jones Financial Companies Lllp now owns 680,945 shares of the company’s stock valued at $63,141,000 after buying an additional 260,624 shares during the period. Finally, SK Wealth Management LLC acquired a new position in VanEck Morningstar Wide Moat ETF in the third quarter valued at about $22,253,000.

VanEck Morningstar Wide Moat ETF Trading Down 2.5 %

BATS:MOAT opened at $90.01 on Thursday. VanEck Morningstar Wide Moat ETF has a 1-year low of $83.63 and a 1-year high of $99.06. The business’s 50-day moving average price is $92.47 and its two-hundred day moving average price is $94.65. The firm has a market capitalization of $14.13 billion, a price-to-earnings ratio of 24.84 and a beta of 1.04.

VanEck Morningstar Wide Moat ETF Dividend Announcement

The business 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.