World Equity Group Inc. Takes Position in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

World Equity Group Inc. acquired a new position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 4,194 shares of the company’s stock, valued at approximately $389,000.

A number of other hedge funds also recently added to or reduced their stakes in the company. Trilogy Capital Inc. raised its holdings in VanEck Morningstar Wide Moat ETF by 1.2% in the 4th quarter. Trilogy Capital Inc. now owns 8,531 shares of the company’s stock worth $791,000 after acquiring an additional 104 shares during the last quarter. Waddell & Associates LLC raised its holdings in VanEck Morningstar Wide Moat ETF by 4.9% in the 3rd quarter. Waddell & Associates LLC now owns 2,538 shares of the company’s stock worth $246,000 after acquiring an additional 119 shares during the last quarter. Colonial River Investments LLC raised its holdings in VanEck Morningstar Wide Moat ETF by 2.9% in the 3rd quarter. Colonial River Investments LLC now owns 4,288 shares of the company’s stock worth $416,000 after acquiring an additional 120 shares during the last quarter. Axxcess Wealth Management LLC raised its holdings in VanEck Morningstar Wide Moat ETF by 2.9% in the 3rd quarter. Axxcess Wealth Management LLC now owns 4,288 shares of the company’s stock worth $416,000 after acquiring an additional 120 shares during the last quarter. Finally, PFG Investments LLC raised its holdings in VanEck Morningstar Wide Moat ETF by 1.0% in the 4th quarter. PFG Investments LLC now owns 11,817 shares of the company’s stock worth $1,096,000 after acquiring an additional 121 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of BATS MOAT opened at $92.14 on Monday. The stock has a market cap of $14.76 billion, a price-to-earnings ratio of 25.73 and a beta of 1.03. The stock has a fifty day moving average price of $93.66 and a 200 day moving average price of $94.87.

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 dividend of $1.2675 per share. The ex-dividend date of this dividend 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.