Lowe Wealth Advisors LLC Raises Holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Lowe Wealth Advisors LLC increased its position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 32.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,484 shares of the company’s stock after buying an additional 609 shares during the period. Lowe Wealth Advisors LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $230,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. LPL Financial LLC increased its stake in VanEck Morningstar Wide Moat ETF by 8.4% in the third quarter. LPL Financial LLC now owns 7,877,723 shares of the company’s stock valued at $763,745,000 after purchasing an additional 613,683 shares during the last quarter. Mesirow Financial Investment Management Inc. grew its position in shares of VanEck Morningstar Wide Moat ETF by 3.6% in the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 2,641,655 shares of the company’s stock valued at $256,113,000 after buying an additional 91,428 shares during the last quarter. Raymond James & Associates raised its stake in VanEck Morningstar Wide Moat ETF by 0.3% during the 3rd quarter. Raymond James & Associates now owns 2,386,177 shares of the company’s stock worth $231,340,000 after acquiring an additional 7,909 shares in the last quarter. CWM LLC lifted its position in VanEck Morningstar Wide Moat ETF by 10.5% in the third quarter. CWM LLC now owns 1,152,800 shares of the company’s stock valued at $111,764,000 after acquiring an additional 109,394 shares during the last quarter. Finally, Brookstone Capital Management boosted its stake in VanEck Morningstar Wide Moat ETF by 2.8% in the third quarter. Brookstone Capital Management now owns 1,015,140 shares of the company’s stock valued at $98,418,000 after acquiring an additional 27,848 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of MOAT traded down $0.14 during midday trading on Friday, reaching $92.49. 801,447 shares of the stock were exchanged. The stock has a market cap of $15.64 billion, a P/E ratio of 28.30 and a beta of 1.01. The firm has a fifty day simple moving average of $95.96 and a 200-day simple moving average of $93.60.

VanEck Morningstar Wide Moat ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 24th. Stockholders of record on Monday, December 23rd were issued a $1.2675 dividend. 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.