HighTower Advisors LLC Purchases 4,461 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

HighTower Advisors LLC grew its position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 0.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 772,967 shares of the company’s stock after acquiring an additional 4,461 shares during the period. HighTower Advisors LLC owned about 0.46% of VanEck Morningstar Wide Moat ETF worth $71,673,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Kentucky Trust Co bought a new position in VanEck Morningstar Wide Moat ETF in the fourth quarter worth about $28,000. Bfsg LLC bought a new position in VanEck Morningstar Wide Moat ETF in the fourth quarter worth about $33,000. Pinnacle Financial Partners Inc raised its stake in VanEck Morningstar Wide Moat ETF by 81.1% in the third quarter. Pinnacle Financial Partners Inc now owns 373 shares of the company’s stock worth $36,000 after buying an additional 167 shares in the last quarter. Empowered Funds LLC bought a new position in VanEck Morningstar Wide Moat ETF in the fourth quarter worth about $64,000. Finally, Truvestments Capital LLC bought a new position in VanEck Morningstar Wide Moat ETF in the third quarter worth about $70,000.

VanEck Morningstar Wide Moat ETF Trading Down 4.0 %

MOAT stock opened at $88.60 on Thursday. The company has a market capitalization of $13.91 billion, a P/E ratio of 24.84 and a beta of 1.04. The business has a 50-day moving average of $92.79 and a 200-day moving average of $94.83.

VanEck Morningstar Wide Moat ETF Dividend Announcement

The firm also recently disclosed 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 was Monday, December 23rd.

About VanEck Morningstar Wide Moat ETF

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.