Jacksonville Wealth Management LLC Buys Shares of 26,529 VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Jacksonville Wealth Management LLC bought a new position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the 4th quarter, Holdings Channel reports. The firm bought 26,529 shares of the company’s stock, valued at approximately $2,460,000. VanEck Morningstar Wide Moat ETF makes up 2.3% of Jacksonville Wealth Management LLC’s investment portfolio, making the stock its 12th biggest holding.

A number of other hedge funds and other institutional investors have also made changes to their positions in MOAT. Pinnacle Financial Partners Inc lifted its holdings 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 during the period. Truvestments Capital LLC purchased a new stake in shares of VanEck Morningstar Wide Moat ETF during the 3rd quarter worth $70,000. GAMMA Investing LLC bought a new stake in VanEck Morningstar Wide Moat ETF during the fourth quarter valued at about $72,000. Avior Wealth Management LLC boosted its position in VanEck Morningstar Wide Moat ETF by 2,231.7% during the fourth quarter. Avior Wealth Management LLC now owns 956 shares of the company’s stock valued at $89,000 after purchasing an additional 915 shares in the last quarter. Finally, Coastline Trust Co purchased a new position in VanEck Morningstar Wide Moat ETF in the third quarter valued at about $146,000.

VanEck Morningstar Wide Moat ETF Trading Up 3.8 %

MOAT stock opened at $95.78 on Friday. The stock has a market capitalization of $16.20 billion, a price-to-earnings ratio of 28.30 and a beta of 1.01. The firm’s 50 day moving average price is $95.42 and its 200-day moving average price is $94.16.

VanEck Morningstar Wide Moat ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 24th. Investors of record on Monday, December 23rd were given a dividend of $1.2675 per share. 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.