3,316 Shares in VanEck Morningstar Wide Moat ETF (BATS:MOAT) Acquired by Northeast Investment Management

Northeast Investment Management purchased a new stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 3,316 shares of the company’s stock, valued at approximately $307,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in MOAT. Pinnacle Financial Partners Inc grew its stake in VanEck Morningstar Wide Moat ETF by 81.1% during the 3rd quarter. Pinnacle Financial Partners Inc now owns 373 shares of the company’s stock valued at $36,000 after purchasing an additional 167 shares during the last quarter. Empowered Funds LLC purchased a new stake in VanEck Morningstar Wide Moat ETF in the fourth quarter valued at approximately $64,000. Truvestments Capital LLC purchased a new stake in VanEck Morningstar Wide Moat ETF in the third quarter valued at approximately $70,000. GAMMA Investing LLC acquired a new position in VanEck Morningstar Wide Moat ETF in the 4th quarter worth approximately $72,000. Finally, Avior Wealth Management LLC raised its position in VanEck Morningstar Wide Moat ETF by 2,231.7% during the 4th quarter. Avior Wealth Management LLC now owns 956 shares of the company’s stock worth $89,000 after buying an additional 915 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Price Performance

MOAT stock opened at $91.65 on Friday. The company has a 50 day simple moving average of $94.90 and a two-hundred day simple moving average of $94.61. The stock has a market cap of $15.50 billion, a P/E ratio of 28.30 and a beta of 1.01.

VanEck Morningstar Wide Moat ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were given a dividend of $1.2675 per share. 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.