Endowment Wealth Management Inc. Purchases 10,493 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Endowment Wealth Management Inc. boosted its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 56.3% during the fourth quarter, Holdings Channel reports. The fund owned 29,146 shares of the company’s stock after acquiring an additional 10,493 shares during the period. VanEck Morningstar Wide Moat ETF comprises 1.8% of Endowment Wealth Management Inc.’s holdings, making the stock its 13th biggest holding. Endowment Wealth Management Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $2,703,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in MOAT. LPL Financial LLC increased its position in shares of VanEck Morningstar Wide Moat ETF by 8.4% during the third quarter. LPL Financial LLC now owns 7,877,723 shares of the company’s stock valued at $763,745,000 after acquiring an additional 613,683 shares in the last quarter. Raymond James Financial Inc. bought a new position in VanEck Morningstar Wide Moat ETF in the 4th quarter worth $502,621,000. Mesirow Financial Investment Management Inc. boosted its holdings in VanEck Morningstar Wide Moat ETF by 32.5% in the 4th quarter. Mesirow Financial Investment Management Inc. now owns 3,500,055 shares of the company’s stock worth $324,541,000 after buying an additional 858,400 shares during the period. JNBA Financial Advisors lifted its stake in VanEck Morningstar Wide Moat ETF by 0.6% in the 4th quarter. JNBA Financial Advisors now owns 820,432 shares of the company’s stock worth $76,075,000 after purchasing an additional 4,693 shares in the last quarter. Finally, HighTower Advisors LLC lifted its stake in VanEck Morningstar Wide Moat ETF by 7.0% in the 3rd quarter. HighTower Advisors LLC now owns 768,506 shares of the company’s stock worth $74,470,000 after purchasing an additional 50,383 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of MOAT stock opened at $90.96 on Tuesday. The business has a 50 day moving average of $92.94 and a two-hundred day moving average of $94.90. The stock has a market cap of $14.28 billion, a PE ratio of 24.84 and a beta of 1.04.

VanEck Morningstar Wide Moat ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were paid 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.