Jacksonville Wealth Management LLC Takes $2.46 Million Position in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Jacksonville Wealth Management LLC bought a new stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 26,529 shares of the company’s stock, valued at approximately $2,460,000. VanEck Morningstar Wide Moat ETF comprises approximately 2.3% of Jacksonville Wealth Management LLC’s investment portfolio, making the stock its 12th biggest holding.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Magnolia Capital Advisors LLC bought a new stake in VanEck Morningstar Wide Moat ETF in the second quarter worth about $14,150,000. Silver Lake Advisory LLC purchased a new stake in shares of VanEck Morningstar Wide Moat ETF in the second quarter worth approximately $209,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of VanEck Morningstar Wide Moat ETF by 4.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 938,143 shares of the company’s stock worth $81,252,000 after acquiring an additional 39,522 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in VanEck Morningstar Wide Moat ETF by 1.7% during the 2nd quarter. NewEdge Advisors LLC now owns 174,037 shares of the company’s stock valued at $15,073,000 after acquiring an additional 2,834 shares during the period. Finally, Gateway Wealth Partners LLC grew its position in VanEck Morningstar Wide Moat ETF by 9.7% in the 2nd quarter. Gateway Wealth Partners LLC now owns 3,393 shares of the company’s stock valued at $294,000 after acquiring an additional 299 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Stock Performance

BATS:MOAT opened at $95.78 on Friday. The company has a market capitalization of $16.20 billion, a P/E ratio of 28.30 and a beta of 1.01. The stock’s fifty day simple moving average is $95.42 and its two-hundred day simple moving average is $94.16.

VanEck Morningstar Wide Moat ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 24th. Investors 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 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.