VanEck Morningstar Wide Moat ETF (BATS:MOAT) Shares Sold by Avalon Capital Management

Avalon Capital Management lessened its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 3.0% during the fourth quarter, HoldingsChannel reports. The firm owned 66,551 shares of the company’s stock after selling 2,092 shares during the period. VanEck Morningstar Wide Moat ETF accounts for 2.0% of Avalon Capital Management’s portfolio, making the stock its 14th largest position. Avalon Capital Management’s holdings in VanEck Morningstar Wide Moat ETF were worth $6,171,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Kentucky Trust Co purchased a new stake in shares of VanEck Morningstar Wide Moat ETF during the 4th quarter valued at about $28,000. Bfsg LLC purchased a new stake in shares of VanEck Morningstar Wide Moat ETF during the fourth quarter valued at approximately $33,000. Pinnacle Financial Partners Inc lifted its position in shares of VanEck Morningstar Wide Moat ETF by 81.1% during the third quarter. Pinnacle Financial Partners Inc now owns 373 shares of the company’s stock worth $36,000 after purchasing an additional 167 shares in the last quarter. Empowered Funds LLC acquired a new position in shares of VanEck Morningstar Wide Moat ETF during the fourth quarter worth $64,000. Finally, Truvestments Capital LLC purchased a new position in shares of VanEck Morningstar Wide Moat ETF in the third quarter valued at $70,000.

VanEck Morningstar Wide Moat ETF Stock Performance

MOAT opened at $92.64 on Tuesday. The firm has a market cap of $14.84 billion, a price-to-earnings ratio of 25.73 and a beta of 1.03. The company’s fifty day moving average price is $93.57 and its two-hundred day moving average price is $94.90.

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 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.