Opal Wealth Advisors LLC Raises Stock Position in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Opal Wealth Advisors LLC lifted its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 10.5% in the fourth quarter, Holdings Channel reports. The firm owned 32,042 shares of the company’s stock after acquiring an additional 3,057 shares during the period. VanEck Morningstar Wide Moat ETF accounts for approximately 0.9% of Opal Wealth Advisors LLC’s holdings, making the stock its 21st biggest position. Opal Wealth Advisors LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $2,971,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Savant Capital LLC raised its position in VanEck Morningstar Wide Moat ETF by 18.2% in the fourth quarter. Savant Capital LLC now owns 4,174 shares of the company’s stock worth $387,000 after acquiring an additional 643 shares in the last quarter. Harbour Trust & Investment Management Co boosted its stake in VanEck Morningstar Wide Moat ETF by 0.9% in the 4th quarter. Harbour Trust & Investment Management Co now owns 188,549 shares of the company’s stock worth $17,483,000 after buying an additional 1,681 shares during the last quarter. Activest Wealth Management boosted its holdings in shares of VanEck Morningstar Wide Moat ETF by 5.5% in the 4th quarter. Activest Wealth Management now owns 249,052 shares of the company’s stock valued at $23,093,000 after purchasing an additional 12,918 shares during the last quarter. Kestra Private Wealth Services LLC grew its position in VanEck Morningstar Wide Moat ETF by 8.0% during the fourth quarter. Kestra Private Wealth Services LLC now owns 231,601 shares of the company’s stock valued at $21,475,000 after acquiring an additional 17,116 shares during the period. Finally, Northeast Investment Management purchased a new stake in shares of VanEck Morningstar Wide Moat ETF during the 4th quarter worth about $307,000.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of MOAT opened at $91.65 on Monday. The stock’s 50 day moving average is $94.90 and its 200-day moving average is $94.65. The firm has a market capitalization of $15.50 billion, a PE ratio of 28.30 and a beta of 1.01.

VanEck Morningstar Wide Moat ETF Announces Dividend

The business 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.