Jones Financial Companies Lllp Buys 20,037 Shares of VanEck Morningstar SMID Moat ETF (BATS:SMOT)

Jones Financial Companies Lllp increased its stake in VanEck Morningstar SMID Moat ETF (BATS:SMOT) by 136.0% in the fourth quarter, HoldingsChannel reports. The fund owned 34,774 shares of the company’s stock after purchasing an additional 20,037 shares during the period. Jones Financial Companies Lllp’s holdings in VanEck Morningstar SMID Moat ETF were worth $1,199,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of SMOT. Principle Wealth Partners LLC increased its holdings in VanEck Morningstar SMID Moat ETF by 0.5% during the 4th quarter. Principle Wealth Partners LLC now owns 780,194 shares of the company’s stock valued at $26,893,000 after purchasing an additional 4,235 shares during the period. Financial Management Network Inc. increased its holdings in VanEck Morningstar SMID Moat ETF by 3.7% during the 4th quarter. Financial Management Network Inc. now owns 527,215 shares of the company’s stock valued at $18,263,000 after purchasing an additional 18,666 shares during the period. Apexium Financial LP increased its holdings in VanEck Morningstar SMID Moat ETF by 11.9% during the 4th quarter. Apexium Financial LP now owns 331,454 shares of the company’s stock valued at $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% during the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 259,109 shares of the company’s stock valued at $9,077,000 after purchasing an additional 1,966 shares during the period. Finally, Brown Financial Advisors increased its holdings in 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 valued at $3,333,000 after purchasing an additional 5,226 shares during the period.

VanEck Morningstar SMID Moat ETF Stock Performance

Shares of BATS:SMOT opened at $34.45 on Friday. The stock has a market cap of $423.74 million, a P/E ratio of 19.66 and a beta of 1.31. The firm’s 50-day simple moving average is $35.47 and its 200-day simple moving average is $35.25.

VanEck Morningstar SMID Moat ETF Dividend Announcement

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

About VanEck Morningstar SMID Moat ETF

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.