Independent Advisor Alliance Acquires Shares of 107,509 VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Independent Advisor Alliance acquired a new stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 107,509 shares of the company’s stock, valued at approximately $9,969,000. Independent Advisor Alliance owned about 0.06% of VanEck Morningstar Wide Moat ETF as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the business. Trilogy Capital Inc. grew its position in VanEck Morningstar Wide Moat ETF by 1.2% in the 4th quarter. Trilogy Capital Inc. now owns 8,531 shares of the company’s stock valued at $791,000 after acquiring an additional 104 shares during the last quarter. Waddell & Associates LLC lifted its holdings in shares of VanEck Morningstar Wide Moat ETF by 4.9% in the 3rd quarter. Waddell & Associates LLC now owns 2,538 shares of the company’s stock worth $246,000 after buying an additional 119 shares during the period. Axxcess Wealth Management LLC lifted its holdings in shares of VanEck Morningstar Wide Moat ETF by 2.9% in the 3rd quarter. Axxcess Wealth Management LLC now owns 4,288 shares of the company’s stock worth $416,000 after buying an additional 120 shares during the period. PFG Investments LLC lifted its holdings in shares of VanEck Morningstar Wide Moat ETF by 1.0% in the 4th quarter. PFG Investments LLC now owns 11,817 shares of the company’s stock worth $1,096,000 after buying an additional 121 shares during the period. Finally, Comprehensive Financial Consultants Institutional Inc. lifted its holdings in shares of VanEck Morningstar Wide Moat ETF by 0.6% in the 4th quarter. Comprehensive Financial Consultants Institutional Inc. now owns 19,292 shares of the company’s stock worth $1,789,000 after buying an additional 123 shares during the period.

VanEck Morningstar Wide Moat ETF Stock Down 1.4 %

Shares of MOAT stock opened at $90.96 on Tuesday. The stock has a market cap of $14.28 billion, a PE ratio of 24.84 and a beta of 1.04. The stock has a fifty day moving average price of $92.94 and a two-hundred day moving average price of $94.90.

VanEck Morningstar Wide Moat ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 24th. Shareholders 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 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.