Sovran Advisors LLC Makes New Investment in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Sovran Advisors LLC acquired a new stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 11,379 shares of the company’s stock, valued at approximately $1,050,000.

A number of other institutional investors also recently modified their holdings of MOAT. Pinnacle Financial Partners Inc increased its stake in shares of VanEck Morningstar Wide Moat ETF by 81.1% in the 3rd quarter. Pinnacle Financial Partners Inc now owns 373 shares of the company’s stock valued at $36,000 after buying an additional 167 shares during the period. Empowered Funds LLC bought a new position in VanEck Morningstar Wide Moat ETF in the fourth quarter valued at about $64,000. Truvestments Capital LLC acquired a new stake in VanEck Morningstar Wide Moat ETF in the third quarter worth about $70,000. GAMMA Investing LLC bought a new stake in VanEck Morningstar Wide Moat ETF during the 4th quarter worth about $72,000. Finally, Avior Wealth Management LLC lifted its position in VanEck Morningstar Wide Moat ETF by 2,231.7% during the 4th quarter. Avior Wealth Management LLC now owns 956 shares of the company’s stock valued at $89,000 after purchasing an additional 915 shares during the period.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of BATS:MOAT opened at $91.77 on Wednesday. The firm has a market cap of $15.52 billion, a PE ratio of 28.30 and a beta of 1.01. The business’s 50 day simple moving average is $94.76 and its 200 day simple moving average is $94.72.

VanEck Morningstar Wide Moat ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were given a dividend of $1.2675 per share. The ex-dividend date of this dividend 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.