Principle Wealth Partners LLC Acquires 4,235 Shares of VanEck Morningstar SMID Moat ETF (BATS:SMOT)

Principle Wealth Partners LLC raised its holdings in VanEck Morningstar SMID Moat ETF (BATS:SMOT) by 0.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 780,194 shares of the company’s stock after purchasing an additional 4,235 shares during the period. VanEck Morningstar SMID Moat ETF makes up about 1.9% of Principle Wealth Partners LLC’s portfolio, making the stock its 11th largest holding. Principle Wealth Partners LLC owned approximately 0.07% of VanEck Morningstar SMID Moat ETF worth $26,893,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Apexium Financial LP increased its position in shares of VanEck Morningstar SMID Moat ETF by 11.9% in the fourth quarter. Apexium Financial LP now owns 331,454 shares of the company’s stock worth $11,425,000 after purchasing an additional 35,259 shares during the period. Mesirow Financial Investment Management Inc. increased its holdings in VanEck Morningstar SMID Moat ETF by 0.8% in the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 259,109 shares of the company’s stock valued at $9,077,000 after buying an additional 1,966 shares during the period. Raymond James & Associates raised its position in shares of VanEck Morningstar SMID Moat ETF by 1.3% in the 3rd quarter. Raymond James & Associates now owns 169,087 shares of the company’s stock valued at $5,923,000 after buying an additional 2,244 shares in the last quarter. Woodmont Investment Counsel LLC lifted its holdings in shares of VanEck Morningstar SMID Moat ETF by 4.3% during the 3rd quarter. Woodmont Investment Counsel LLC now owns 159,410 shares of the company’s stock worth $5,584,000 after acquiring an additional 6,560 shares during the period. Finally, Brown Financial Advisors boosted its position in shares of VanEck Morningstar SMID Moat ETF by 5.8% during the 3rd quarter. Brown Financial Advisors now owns 95,150 shares of the company’s stock worth $3,333,000 after acquiring an additional 5,226 shares in the last quarter.

VanEck Morningstar SMID Moat ETF Price Performance

Shares of BATS:SMOT opened at $35.89 on Tuesday. The company has a market capitalization of $380.43 million, a PE ratio of 16.99 and a beta of 1.10. The company has a 50-day moving average price of $35.66 and a 200 day moving average price of $34.90.

VanEck Morningstar SMID Moat ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 24th. Stockholders of record on Monday, December 23rd were issued a dividend of $0.4082 per share. The ex-dividend date was Monday, December 23rd.

VanEck Morningstar SMID Moat ETF Company Profile

The VanEck Morningstar SMID Moat ETF (SMOT) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an index made up of two equally-weighted sub-portfolios, comprised of small- and mid-cap companies believed to have durable competitive advantages and attractive valuations.