Sunpointe LLC Sells 1,434 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Sunpointe LLC lowered its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 3.6% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 38,019 shares of the company’s stock after selling 1,434 shares during the period. VanEck Morningstar Wide Moat ETF accounts for approximately 1.8% of Sunpointe LLC’s holdings, making the stock its 13th largest position. Sunpointe LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $3,525,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Ieq Capital LLC increased its holdings in shares of VanEck Morningstar Wide Moat ETF by 11.6% in the fourth quarter. Ieq Capital LLC now owns 12,530 shares of the company’s stock valued at $1,162,000 after purchasing an additional 1,301 shares during the last quarter. Legacy Solutions LLC bought a new stake in shares of VanEck Morningstar Wide Moat ETF during the 4th quarter worth about $6,098,000. Flagstar Advisors Inc. grew its stake in VanEck Morningstar Wide Moat ETF by 8.1% in the 4th quarter. Flagstar Advisors Inc. now owns 150,054 shares of the company’s stock valued at $13,914,000 after buying an additional 11,306 shares during the last quarter. Financial Management Network Inc. raised its holdings in VanEck Morningstar Wide Moat ETF by 1.9% in the 4th quarter. Financial Management Network Inc. now owns 497,594 shares of the company’s stock valued at $46,102,000 after acquiring an additional 9,343 shares during the period. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in VanEck Morningstar Wide Moat ETF during the fourth quarter worth approximately $202,000.

VanEck Morningstar Wide Moat ETF Stock Up 0.4 %

VanEck Morningstar Wide Moat ETF stock opened at $92.68 on Thursday. The firm has a market capitalization of $14.84 billion, a P/E ratio of 25.73 and a beta of 1.03. The company has a 50 day moving average price of $93.86 and a 200 day moving average price of $94.75.

VanEck Morningstar Wide Moat ETF Announces Dividend

The company also recently disclosed 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 was Monday, December 23rd.

VanEck Morningstar Wide Moat ETF Company 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.