Focus Financial Network Inc. Purchases 1,761 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Focus Financial Network Inc. raised its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 7.2% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,214 shares of the company’s stock after buying an additional 1,761 shares during the quarter. Focus Financial Network Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $2,431,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of MOAT. Citigroup Inc. boosted its holdings in shares of VanEck Morningstar Wide Moat ETF by 1.4% during the third quarter. Citigroup Inc. now owns 203,480 shares of the company’s stock worth $19,727,000 after purchasing an additional 2,861 shares during the period. Ameritas Advisory Services LLC lifted its holdings in shares of 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 valued at $1,256,000 after purchasing an additional 6,455 shares during the last quarter. Townsquare Capital LLC boosted its holdings in VanEck Morningstar Wide Moat ETF by 26.2% in 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. boosted its stake in VanEck Morningstar Wide Moat ETF by 24.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 157,161 shares of the company’s stock worth $15,237,000 after purchasing an additional 30,816 shares in the last quarter. Finally, Castleview Partners LLC lifted its stake in shares of VanEck Morningstar Wide Moat ETF by 1.6% in the third quarter. Castleview Partners LLC now owns 15,487 shares of the company’s stock worth $1,501,000 after buying an additional 250 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of MOAT opened at $91.77 on Wednesday. The company has a market cap of $15.52 billion, a P/E ratio of 28.30 and a beta of 1.01. The company’s 50-day simple moving average is $94.76 and its 200 day simple moving average is $94.72.

VanEck Morningstar Wide Moat ETF Announces Dividend

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