KPP Advisory Services LLC Trims Stock Position in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

KPP Advisory Services LLC decreased its stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 1.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 31,695 shares of the company’s stock after selling 371 shares during the quarter. KPP Advisory Services LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $2,939,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Citigroup Inc. raised its position in shares of VanEck Morningstar Wide Moat ETF by 1.4% in the third quarter. Citigroup Inc. now owns 203,480 shares of the company’s stock worth $19,727,000 after acquiring an additional 2,861 shares during the period. Ameritas Advisory Services LLC increased its stake in shares of VanEck Morningstar Wide Moat ETF by 91.0% in the 4th quarter. Ameritas Advisory Services LLC now owns 13,547 shares of the company’s stock valued at $1,256,000 after purchasing an additional 6,455 shares in the last quarter. Townsquare Capital LLC raised its holdings in VanEck Morningstar Wide Moat ETF by 26.2% in the 3rd quarter. Townsquare Capital LLC now owns 4,377 shares of the company’s stock worth $424,000 after purchasing an additional 909 shares during the period. JPMorgan Chase & Co. boosted its position in VanEck Morningstar Wide Moat ETF by 24.4% during the third quarter. JPMorgan Chase & Co. now owns 157,161 shares of the company’s stock worth $15,237,000 after purchasing an additional 30,816 shares in the last quarter. Finally, Castleview Partners LLC boosted its position in VanEck Morningstar Wide Moat ETF by 1.6% during the third quarter. Castleview Partners LLC now owns 15,487 shares of the company’s stock worth $1,501,000 after purchasing an additional 250 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Price Performance

VanEck Morningstar Wide Moat ETF stock opened at $95.54 on Monday. The stock has a market capitalization of $16.16 billion, a PE ratio of 28.30 and a beta of 1.01. The firm has a 50 day simple moving average of $95.42 and a 200 day simple moving average of $94.50.

VanEck Morningstar Wide Moat ETF Dividend Announcement

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