MGB Wealth Management LLC Has $944,000 Stock Holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

MGB Wealth Management LLC raised its position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 40.4% in the 4th quarter, Holdings Channel reports. The firm owned 10,184 shares of the company’s stock after acquiring an additional 2,928 shares during the period. MGB Wealth Management LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $944,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. LPL Financial LLC raised its holdings in shares of VanEck Morningstar Wide Moat ETF by 8.4% during the 3rd quarter. LPL Financial LLC now owns 7,877,723 shares of the company’s stock worth $763,745,000 after buying an additional 613,683 shares in the last quarter. SK Wealth Management LLC bought a new position in VanEck Morningstar Wide Moat ETF in the third quarter valued at about $22,253,000. Plotkin Financial Advisors LLC acquired a new position in VanEck Morningstar Wide Moat ETF during the third quarter worth about $11,081,000. Goldstone Financial Group LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF in the third quarter worth about $9,785,000. Finally, Sanctuary Advisors LLC boosted its stake in shares of VanEck Morningstar Wide Moat ETF by 58.9% in the 3rd quarter. Sanctuary Advisors LLC now owns 250,742 shares of the company’s stock valued at $24,435,000 after purchasing an additional 92,917 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Stock Down 0.7 %

Shares of VanEck Morningstar Wide Moat ETF stock opened at $91.65 on Thursday. The company has a market cap of $15.50 billion, a price-to-earnings ratio of 28.30 and a beta of 1.01. The firm’s 50-day moving average is $94.64 and its 200 day moving average is $94.73.

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 issued a dividend of $1.2675 per share. 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.