Davidson Capital Management Inc. Cuts Holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Davidson Capital Management Inc. lowered its stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 0.7% in the 4th quarter, HoldingsChannel.com reports. The firm owned 230,746 shares of the company’s stock after selling 1,522 shares during the quarter. VanEck Morningstar Wide Moat ETF comprises about 5.6% of Davidson Capital Management Inc.’s holdings, making the stock its 5th biggest position. Davidson Capital Management Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $21,396,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Trilogy Capital Inc. lifted its holdings in shares of VanEck Morningstar Wide Moat ETF by 1.2% in the fourth quarter. Trilogy Capital Inc. now owns 8,531 shares of the company’s stock valued at $791,000 after buying an additional 104 shares during the period. Schaper Benz & Wise Investment Counsel Inc. WI raised its position in VanEck Morningstar Wide Moat ETF by 1.2% in the third quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 8,935 shares of the company’s stock worth $866,000 after acquiring an additional 110 shares in the last quarter. Waddell & Associates LLC lifted its holdings in 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 valued at $246,000 after acquiring an additional 119 shares during the last quarter. Colonial River Investments LLC boosted its position in shares of VanEck Morningstar Wide Moat ETF by 2.9% during the 3rd quarter. Colonial River Investments LLC now owns 4,288 shares of the company’s stock valued at $416,000 after purchasing an additional 120 shares in the last quarter. Finally, Axxcess Wealth Management LLC grew its stake 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 purchasing an additional 120 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Price Performance

BATS MOAT opened at $91.77 on Wednesday. The company has a market cap of $15.52 billion, a P/E ratio of 28.30 and a beta of 1.01. The stock has a 50 day simple moving average of $94.76 and a 200 day simple moving average of $94.72.

VanEck Morningstar Wide Moat ETF Announces Dividend

The business also recently declared 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 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.