Root Financial Partners LLC Buys 380 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Root Financial Partners LLC increased its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 3.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,028 shares of the company’s stock after acquiring an additional 380 shares during the quarter. Root Financial Partners LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $930,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of MOAT. MGB Wealth Management LLC lifted its stake in VanEck Morningstar Wide Moat ETF by 40.4% in the 4th quarter. MGB Wealth Management LLC now owns 10,184 shares of the company’s stock worth $944,000 after purchasing an additional 2,928 shares in the last quarter. Avion Wealth increased its holdings in shares of VanEck Morningstar Wide Moat ETF by 989.0% in the fourth quarter. Avion Wealth now owns 1,786 shares of the company’s stock worth $165,000 after purchasing an additional 1,622 shares during the period. Kentucky Trust Co purchased a new stake in shares of VanEck Morningstar Wide Moat ETF in the fourth quarter worth $28,000. Gladstone Institutional Advisory LLC boosted its stake in VanEck Morningstar Wide Moat ETF by 14.6% during the fourth quarter. Gladstone Institutional Advisory LLC now owns 56,081 shares of the company’s stock valued at $5,200,000 after buying an additional 7,132 shares during the period. Finally, Sovran Advisors LLC bought a new stake in VanEck Morningstar Wide Moat ETF during the fourth quarter valued at $1,050,000.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of BATS MOAT opened at $91.97 on Friday. The business has a fifty day simple moving average of $94.50 and a 200-day simple moving average of $94.71. The company has a market cap of $15.55 billion, a price-to-earnings ratio of 28.30 and a beta of 1.01.

VanEck Morningstar Wide Moat ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 24th. Investors of record on Monday, December 23rd were given a $1.2675 dividend. The ex-dividend date of this dividend 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.