5,420,559 Shares in VanEck Morningstar Wide Moat ETF (BATS:MOAT) Purchased by Raymond James Financial Inc.

Raymond James Financial Inc. bought a new position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 5,420,559 shares of the company’s stock, valued at approximately $502,621,000.

Other institutional investors have also added to or reduced their stakes in the company. Kentucky Trust Co acquired a new stake in VanEck Morningstar Wide Moat ETF during the fourth quarter worth about $28,000. Bfsg LLC acquired a new stake in VanEck Morningstar Wide Moat ETF during the fourth quarter worth about $33,000. Pinnacle Financial Partners Inc grew its position in VanEck Morningstar Wide Moat ETF by 81.1% during the third quarter. Pinnacle Financial Partners Inc now owns 373 shares of the company’s stock worth $36,000 after buying an additional 167 shares in the last quarter. Empowered Funds LLC acquired a new stake in VanEck Morningstar Wide Moat ETF during the fourth quarter worth about $64,000. Finally, Truvestments Capital LLC acquired a new stake in VanEck Morningstar Wide Moat ETF during the third quarter worth about $70,000.

VanEck Morningstar Wide Moat ETF Stock Down 0.9 %

BATS MOAT opened at $91.47 on Thursday. The firm’s fifty day moving average is $93.09 and its 200 day moving average is $94.91. The firm has a market capitalization of $14.65 billion, a P/E ratio of 25.73 and a beta of 1.03.

VanEck Morningstar Wide Moat ETF Dividend Announcement

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