Merkkuri Wealth Advisors LLC Boosts Stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Merkkuri Wealth Advisors LLC grew its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 1.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 16,082 shares of the company’s stock after acquiring an additional 208 shares during the quarter. Merkkuri Wealth Advisors LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $1,491,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. LPL Financial LLC lifted its holdings in VanEck Morningstar Wide Moat ETF by 8.4% in the 3rd 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 in the last quarter. Redhawk Wealth Advisors Inc. raised its position in shares of VanEck Morningstar Wide Moat ETF by 11,390.1% in the third quarter. Redhawk Wealth Advisors Inc. now owns 316,668 shares of the company’s stock valued at $30,701,000 after buying an additional 313,912 shares during the last quarter. SK Wealth Management LLC purchased a new position in shares of VanEck Morningstar Wide Moat ETF during the third quarter valued at approximately $22,253,000. Magnolia Capital Advisors LLC acquired a new stake in VanEck Morningstar Wide Moat ETF during the second quarter worth approximately $14,150,000. Finally, Sanctuary Advisors LLC purchased a new stake in VanEck Morningstar Wide Moat ETF in the 2nd quarter worth approximately $13,578,000.

VanEck Morningstar Wide Moat ETF Stock Up 3.8 %

MOAT stock opened at $95.78 on Friday. The firm has a market capitalization of $16.20 billion, a PE ratio of 28.30 and a beta of 1.01. The business’s 50-day simple moving average is $95.42 and its two-hundred day simple moving average is $94.16.

VanEck Morningstar Wide Moat ETF Dividend Announcement

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