SFG Wealth Management LLC. Sells 178 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

SFG Wealth Management LLC. reduced its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 0.5% during the fourth quarter, HoldingsChannel.com reports. The fund owned 34,208 shares of the company’s stock after selling 178 shares during the quarter. VanEck Morningstar Wide Moat ETF makes up approximately 1.7% of SFG Wealth Management LLC.’s investment portfolio, making the stock its 11th largest position. SFG Wealth Management LLC.’s holdings in VanEck Morningstar Wide Moat ETF were worth $3,172,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of MOAT. LPL Financial LLC increased its position in shares of VanEck Morningstar Wide Moat ETF by 8.4% during the 3rd quarter. LPL Financial LLC now owns 7,877,723 shares of the company’s stock valued at $763,745,000 after purchasing an additional 613,683 shares during the last quarter. Redhawk Wealth Advisors Inc. grew its position in VanEck Morningstar Wide Moat ETF by 11,390.1% during the third quarter. Redhawk Wealth Advisors Inc. now owns 316,668 shares of the company’s stock valued at $30,701,000 after buying an additional 313,912 shares during the period. SK Wealth Management LLC purchased a new stake in VanEck Morningstar Wide Moat ETF during the third quarter worth about $22,253,000. Magnolia Capital Advisors LLC purchased a new stake in VanEck Morningstar Wide Moat ETF during the second quarter worth about $14,150,000. Finally, Sanctuary Advisors LLC bought a new stake in VanEck Morningstar Wide Moat ETF in the second quarter worth about $13,578,000.

VanEck Morningstar Wide Moat ETF Stock Up 2.0 %

VanEck Morningstar Wide Moat ETF stock opened at $94.14 on Monday. The company’s fifty day moving average is $95.56 and its 200 day moving average is $93.90. The company has a market cap of $15.92 billion, a P/E ratio of 28.30 and a beta of 1.01.

VanEck Morningstar Wide Moat ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were issued 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.