VanEck Morningstar Wide Moat ETF (BATS:MOAT) Shares Bought by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC raised its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 15.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 20,538 shares of the company’s stock after acquiring an additional 2,728 shares during the period. Cornerstone Wealth Management LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $1,904,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in MOAT. Pinnacle Financial Partners Inc grew its stake in shares of VanEck Morningstar Wide Moat ETF by 81.1% in the 3rd quarter. Pinnacle Financial Partners Inc now owns 373 shares of the company’s stock valued at $36,000 after buying an additional 167 shares during the period. Truvestments Capital LLC purchased a new stake in shares of VanEck Morningstar Wide Moat ETF in the 3rd quarter valued at approximately $70,000. GAMMA Investing LLC purchased a new stake in shares of VanEck Morningstar Wide Moat ETF in the 4th quarter valued at approximately $72,000. Avior Wealth Management LLC grew its stake in shares of VanEck Morningstar Wide Moat ETF by 2,231.7% in the 4th quarter. Avior Wealth Management LLC now owns 956 shares of the company’s stock valued at $89,000 after buying an additional 915 shares during the period. Finally, Coastline Trust Co purchased a new stake in shares of VanEck Morningstar Wide Moat ETF in the 3rd quarter valued at approximately $146,000.

VanEck Morningstar Wide Moat ETF Stock Performance

VanEck Morningstar Wide Moat ETF stock opened at $95.78 on Friday. The company has a fifty day moving average price of $95.39 and a 200 day moving average price of $94.10. The stock has a market cap of $16.20 billion, a PE ratio of 28.30 and a beta of 1.01.

VanEck Morningstar Wide Moat ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 24th. Investors 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.