Sovran Advisors LLC Takes $1.05 Million Position in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Sovran Advisors LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 11,379 shares of the company’s stock, valued at approximately $1,050,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Citigroup Inc. increased its stake in VanEck Morningstar Wide Moat ETF by 1.4% in the third quarter. Citigroup Inc. now owns 203,480 shares of the company’s stock valued at $19,727,000 after acquiring an additional 2,861 shares during the period. Ameritas Advisory Services LLC grew its stake in shares of 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. Townsquare Capital LLC raised its holdings in shares of 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 worth $424,000 after buying an additional 909 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of VanEck Morningstar Wide Moat ETF by 24.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 157,161 shares of the company’s stock worth $15,237,000 after buying an additional 30,816 shares in the last quarter. Finally, Castleview Partners LLC lifted its position in shares of VanEck Morningstar Wide Moat ETF by 1.6% during the 3rd quarter. Castleview Partners LLC now owns 15,487 shares of the company’s stock worth $1,501,000 after buying an additional 250 shares during the period.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of BATS:MOAT opened at $91.77 on Wednesday. The firm has a 50 day moving average price of $94.76 and a two-hundred day moving average price of $94.72. The firm has a market cap of $15.52 billion, a P/E ratio of 28.30 and a beta of 1.01.

VanEck Morningstar Wide Moat ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 24th. Stockholders of record on Monday, December 23rd were issued a $1.2675 dividend. 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.