BCS Wealth Management Trims Stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

BCS Wealth Management lessened its position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 23.3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 21,095 shares of the company’s stock after selling 6,424 shares during the quarter. BCS Wealth Management’s holdings in VanEck Morningstar Wide Moat ETF were worth $1,956,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in MOAT. Citigroup Inc. boosted its holdings in shares of VanEck Morningstar Wide Moat ETF by 1.4% in the third quarter. Citigroup Inc. now owns 203,480 shares of the company’s stock valued at $19,727,000 after acquiring an additional 2,861 shares during the period. Fairscale Capital LLC purchased a new stake in VanEck Morningstar Wide Moat ETF in the 2nd quarter valued at $473,000. Goepper Burkhardt LLC boosted its stake in VanEck Morningstar Wide Moat ETF by 8.3% during the 2nd quarter. Goepper Burkhardt LLC now owns 50,887 shares of the company’s stock worth $4,407,000 after purchasing an additional 3,905 shares during the period. Townsquare Capital LLC grew its position in VanEck Morningstar Wide Moat ETF by 26.2% during the 3rd quarter. Townsquare Capital LLC now owns 4,377 shares of the company’s stock worth $424,000 after purchasing an additional 909 shares during the last quarter. Finally, TPG Advisors LLC acquired a new position in VanEck Morningstar Wide Moat ETF in the second quarter valued at $7,572,000.

VanEck Morningstar Wide Moat ETF Stock Up 1.1 %

Shares of BATS:MOAT opened at $92.11 on Tuesday. The stock has a market capitalization of $15.58 billion, a PE ratio of 28.30 and a beta of 1.01. The company has a 50 day simple moving average of $95.84 and a 200-day simple moving average of $93.76.

VanEck Morningstar Wide Moat ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 24th. Investors of record on Monday, December 23rd were paid a $1.2675 dividend. 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.