Root Financial Partners LLC Boosts Stock Position in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Root Financial Partners LLC raised its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 3.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 10,028 shares of the company’s stock after buying an additional 380 shares during the quarter. Root Financial Partners LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $930,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in MOAT. Citigroup Inc. increased its holdings in shares of VanEck Morningstar Wide Moat ETF by 1.4% during the third quarter. Citigroup Inc. now owns 203,480 shares of the company’s stock valued at $19,727,000 after acquiring an additional 2,861 shares in the last quarter. Ameritas Advisory Services LLC increased its stake in VanEck Morningstar Wide Moat ETF by 91.0% during the 4th quarter. Ameritas Advisory Services LLC now owns 13,547 shares of the company’s stock valued at $1,256,000 after purchasing an additional 6,455 shares in the last quarter. Townsquare Capital LLC increased its stake in VanEck Morningstar Wide Moat ETF by 26.2% during the 3rd quarter. Townsquare Capital LLC now owns 4,377 shares of the company’s stock valued at $424,000 after purchasing an additional 909 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in VanEck Morningstar Wide Moat ETF by 24.4% in the third quarter. JPMorgan Chase & Co. now owns 157,161 shares of the company’s stock worth $15,237,000 after buying an additional 30,816 shares during the last quarter. Finally, Castleview Partners LLC lifted its stake in shares of VanEck Morningstar Wide Moat ETF by 1.6% in the third quarter. Castleview Partners LLC now owns 15,487 shares of the company’s stock worth $1,501,000 after buying an additional 250 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Trading Down 0.3 %

BATS:MOAT opened at $91.97 on Friday. The stock has a market capitalization of $15.55 billion, a PE ratio of 28.30 and a beta of 1.01. The firm’s 50 day moving average price is $94.50 and its 200 day moving average price is $94.71.

VanEck Morningstar Wide Moat ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were issued a $1.2675 dividend. The ex-dividend date of this dividend 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.