AlphaStar Capital Management LLC Raises Stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

AlphaStar Capital Management LLC raised its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 5.8% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,660 shares of the company’s stock after buying an additional 589 shares during the quarter. AlphaStar Capital Management LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $988,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Pinnacle Financial Partners Inc raised its position in shares of VanEck Morningstar Wide Moat ETF by 81.1% in the third quarter. Pinnacle Financial Partners Inc now owns 373 shares of the company’s stock worth $36,000 after buying an additional 167 shares in the last quarter. Empowered Funds LLC bought a new position in VanEck Morningstar Wide Moat ETF in the 4th quarter worth about $64,000. Truvestments Capital LLC purchased a new stake in shares of VanEck Morningstar Wide Moat ETF in the 3rd quarter valued at about $70,000. GAMMA Investing LLC bought a new stake in shares of VanEck Morningstar Wide Moat ETF during the 4th quarter valued at about $72,000. Finally, Avior Wealth Management LLC grew its holdings in shares of VanEck Morningstar Wide Moat ETF by 2,231.7% during the fourth quarter. Avior Wealth Management LLC now owns 956 shares of the company’s stock worth $89,000 after purchasing an additional 915 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Stock Performance

MOAT stock opened at $91.65 on Friday. The stock has a fifty day moving average of $94.90 and a 200 day moving average of $94.61. The company has a market capitalization of $15.50 billion, a PE ratio of 28.30 and a beta of 1.01.

VanEck Morningstar Wide Moat ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 24th. Stockholders of record on Monday, December 23rd were issued 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.