Envestnet Portfolio Solutions Inc. Raises Stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Envestnet Portfolio Solutions Inc. increased its stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 4.3% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 70,210 shares of the company’s stock after buying an additional 2,869 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $6,510,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MOAT. LPL Financial LLC raised its stake in VanEck Morningstar Wide Moat ETF by 8.4% in the 3rd quarter. LPL Financial LLC now owns 7,877,723 shares of the company’s stock valued at $763,745,000 after acquiring an additional 613,683 shares during the period. Raymond James Financial Inc. bought a new stake in VanEck Morningstar Wide Moat ETF in the 4th quarter valued at about $502,621,000. Mesirow Financial Investment Management Inc. raised its stake in VanEck Morningstar Wide Moat ETF by 32.5% in the 4th 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 period. Avantax Advisory Services Inc. raised its stake in VanEck Morningstar Wide Moat ETF by 18.2% in the 4th quarter. Avantax Advisory Services Inc. now owns 869,839 shares of the company’s stock valued at $80,656,000 after acquiring an additional 134,193 shares during the period. Finally, JNBA Financial Advisors raised its stake in VanEck Morningstar Wide Moat ETF by 0.6% in the 4th quarter. JNBA Financial Advisors now owns 820,432 shares of the company’s stock valued at $76,075,000 after acquiring an additional 4,693 shares during the period.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of VanEck Morningstar Wide Moat ETF stock opened at $90.32 on Tuesday. VanEck Morningstar Wide Moat ETF has a 52-week low of $83.63 and a 52-week high of $99.06. The stock’s 50-day simple moving average is $92.58 and its 200 day simple moving average is $94.72. The stock has a market capitalization of $14.18 billion, a P/E ratio of 24.84 and a beta of 1.04.

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 given a dividend of $1.2675 per share. 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.