Heck Capital Advisors LLC Invests $5.05 Million in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Heck Capital Advisors LLC purchased a new stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 54,462 shares of the company’s stock, valued at approximately $5,050,000.

A number of other hedge funds have also recently bought and sold shares of MOAT. Pinnacle Financial Partners Inc boosted its stake in shares of VanEck Morningstar Wide Moat ETF by 81.1% during the 3rd quarter. Pinnacle Financial Partners Inc now owns 373 shares of the company’s stock valued at $36,000 after buying an additional 167 shares during the last quarter. Truvestments Capital LLC bought a new position in VanEck Morningstar Wide Moat ETF during the 3rd quarter valued at $70,000. GAMMA Investing LLC acquired a new position in VanEck Morningstar Wide Moat ETF during the 4th quarter worth $72,000. Avior Wealth Management LLC increased its position in shares of VanEck Morningstar Wide Moat ETF by 2,231.7% in the 4th quarter. Avior Wealth Management LLC now owns 956 shares of the company’s stock worth $89,000 after purchasing an additional 915 shares during the last quarter. Finally, Coastline Trust Co acquired a new stake in shares of VanEck Morningstar Wide Moat ETF in the 3rd quarter valued at about $146,000.

VanEck Morningstar Wide Moat ETF Stock Up 3.5 %

BATS:MOAT opened at $95.54 on Friday. The firm has a market capitalization of $16.16 billion, a P/E ratio of 28.30 and a beta of 1.01. The stock has a 50 day moving average price of $95.46 and a 200-day moving average price of $94.41.

VanEck Morningstar Wide Moat ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 24th. Stockholders of record on Monday, December 23rd were given a $1.2675 dividend. The ex-dividend date was Monday, December 23rd.

VanEck Morningstar Wide Moat ETF 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.