VanEck Morningstar Wide Moat ETF (BATS:MOAT) is Farrow Financial Inc.’s 4th Largest Position

Farrow Financial Inc. trimmed its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 1.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 104,591 shares of the company’s stock after selling 1,203 shares during the quarter. VanEck Morningstar Wide Moat ETF accounts for approximately 6.3% of Farrow Financial Inc.’s investment portfolio, making the stock its 4th biggest holding. Farrow Financial Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $9,675,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. QRG Capital Management Inc. purchased a new position in VanEck Morningstar Wide Moat ETF in the 4th quarter valued at approximately $208,000. Citigroup Inc. grew its stake in VanEck Morningstar Wide Moat ETF by 1.4% in the 3rd quarter. Citigroup Inc. now owns 203,480 shares of the company’s stock valued at $19,727,000 after buying an additional 2,861 shares in the last quarter. US Bancorp DE grew its stake in VanEck Morningstar Wide Moat ETF by 22.2% in the 4th quarter. US Bancorp DE now owns 18,518 shares of the company’s stock valued at $1,717,000 after buying an additional 3,359 shares in the last quarter. Ameritas Advisory Services LLC boosted its holdings in VanEck Morningstar Wide Moat ETF by 91.0% in 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 during the period. Finally, Townsquare Capital LLC boosted its holdings in VanEck Morningstar Wide Moat ETF by 26.2% in 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 during the period.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of BATS:MOAT opened at $92.65 on Friday. The firm has a 50 day moving average price of $92.99 and a two-hundred day moving average price of $94.90. The company has a market cap of $14.84 billion, a P/E ratio of 25.73 and a beta of 1.03.

VanEck Morningstar Wide Moat ETF Dividend Announcement

The company also recently declared 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.