Gradient Investments LLC Decreases Holdings in VanEck Morningstar SMID Moat ETF (BATS:SMOT)

Gradient Investments LLC trimmed its holdings in shares of VanEck Morningstar SMID Moat ETF (BATS:SMOT) by 18.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,119,600 shares of the company’s stock after selling 258,847 shares during the period. Gradient Investments LLC owned about 0.11% of VanEck Morningstar SMID Moat ETF worth $38,593,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Atlas Wealth LLC increased its holdings in VanEck Morningstar SMID Moat ETF by 3.2% during the 3rd quarter. Atlas Wealth LLC now owns 10,341 shares of the company’s stock valued at $362,000 after purchasing an additional 320 shares during the period. Tranquility Partners LLC raised its position in shares of VanEck Morningstar SMID Moat ETF by 8.4% in the 3rd quarter. Tranquility Partners LLC now owns 10,578 shares of the company’s stock worth $371,000 after acquiring an additional 818 shares in the last quarter. Beaumont Financial Advisors LLC raised its holdings in VanEck Morningstar SMID Moat ETF by 2.7% in the fourth quarter. Beaumont Financial Advisors LLC now owns 32,162 shares of the company’s stock worth $1,109,000 after purchasing an additional 837 shares in the last quarter. Eastern Bank purchased a new stake in shares of VanEck Morningstar SMID Moat ETF in the 3rd quarter worth about $35,000. Finally, TPG Advisors LLC increased its stake in shares of VanEck Morningstar SMID Moat ETF by 2.3% in the 3rd quarter. TPG Advisors LLC now owns 46,887 shares of the company’s stock worth $1,642,000 after acquiring an additional 1,037 shares in the last quarter.

VanEck Morningstar SMID Moat ETF Stock Performance

Shares of BATS SMOT opened at $36.01 on Friday. The stock has a market cap of $381.65 million, a PE ratio of 16.99 and a beta of 1.10. The company’s 50-day simple moving average is $35.76 and its 200-day simple moving average is $34.61.

VanEck Morningstar SMID Moat ETF Announces Dividend

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

VanEck Morningstar SMID Moat ETF Company Profile

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.