Barings LLC Buys 140,113 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Barings LLC boosted its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 116.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 260,441 shares of the company’s stock after purchasing an additional 140,113 shares during the period. VanEck Morningstar Wide Moat ETF comprises 0.6% of Barings LLC’s portfolio, making the stock its 20th largest holding. Barings LLC owned about 0.15% of VanEck Morningstar Wide Moat ETF worth $24,151,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. QRG Capital Management Inc. bought a new position in VanEck Morningstar Wide Moat ETF during the fourth quarter valued at approximately $208,000. Citigroup Inc. lifted its position in VanEck Morningstar Wide Moat ETF by 1.4% during the third quarter. Citigroup Inc. now owns 203,480 shares of the company’s stock valued at $19,727,000 after purchasing an additional 2,861 shares during the period. US Bancorp DE raised its position in VanEck Morningstar Wide Moat ETF by 22.2% in the fourth quarter. US Bancorp DE now owns 18,518 shares of the company’s stock worth $1,717,000 after acquiring an additional 3,359 shares during the period. Ameritas Advisory Services LLC raised its position in VanEck Morningstar Wide Moat ETF by 91.0% in the fourth quarter. Ameritas Advisory Services LLC now owns 13,547 shares of the company’s stock worth $1,256,000 after acquiring an additional 6,455 shares during the period. Finally, Townsquare Capital LLC raised its position in VanEck Morningstar Wide Moat ETF by 26.2% in the third quarter. Townsquare Capital LLC now owns 4,377 shares of the company’s stock worth $424,000 after acquiring an additional 909 shares during the period.

VanEck Morningstar Wide Moat ETF Stock Up 0.4 %

MOAT opened at $92.65 on Friday. The company has a market capitalization of $14.84 billion, a P/E ratio of 25.73 and a beta of 1.03. The stock has a fifty day simple moving average of $92.99 and a 200 day simple moving average of $94.90.

VanEck Morningstar Wide Moat ETF Dividend Announcement

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