Financial Advocates Investment Management Has $6.87 Million Stock Holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Financial Advocates Investment Management lifted its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 2.0% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 74,052 shares of the company’s stock after acquiring an additional 1,426 shares during the period. Financial Advocates Investment Management’s holdings in VanEck Morningstar Wide Moat ETF were worth $6,866,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Citigroup Inc. raised its holdings in shares of VanEck Morningstar Wide Moat ETF by 1.4% in the 3rd quarter. Citigroup Inc. now owns 203,480 shares of the company’s stock worth $19,727,000 after buying an additional 2,861 shares in the last quarter. Ameritas Advisory Services LLC raised its stake in VanEck Morningstar Wide Moat ETF by 91.0% during the fourth quarter. Ameritas Advisory Services LLC now owns 13,547 shares of the company’s stock worth $1,256,000 after acquiring an additional 6,455 shares in the last quarter. Townsquare Capital LLC raised its stake in VanEck Morningstar Wide Moat ETF by 26.2% during the third quarter. Townsquare Capital LLC now owns 4,377 shares of the company’s stock worth $424,000 after acquiring an additional 909 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of VanEck Morningstar Wide Moat ETF by 24.4% during the third quarter. JPMorgan Chase & Co. now owns 157,161 shares of the company’s stock valued at $15,237,000 after acquiring an additional 30,816 shares during the period. Finally, Castleview Partners LLC boosted its stake in shares of VanEck Morningstar Wide Moat ETF by 1.6% in the 3rd quarter. Castleview Partners LLC now owns 15,487 shares of the company’s stock valued at $1,501,000 after purchasing an additional 250 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Stock Performance

BATS:MOAT opened at $93.50 on Thursday. The firm has a market capitalization of $15.81 billion, a price-to-earnings ratio of 28.30 and a beta of 1.01. The company has a 50 day moving average price of $95.15 and a 200-day moving average price of $94.61.

VanEck Morningstar Wide Moat ETF Dividend Announcement

The firm also recently declared 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 of this dividend was Monday, December 23rd.

About VanEck Morningstar Wide Moat ETF

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.