VanEck Morningstar Wide Moat ETF (BATS:MOAT) is Acorn Wealth Advisors LLC’s 3rd Largest Position

Acorn Wealth Advisors LLC raised its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 5.2% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 94,558 shares of the company’s stock after acquiring an additional 4,695 shares during the period. VanEck Morningstar Wide Moat ETF makes up approximately 3.6% of Acorn Wealth Advisors LLC’s holdings, making the stock its 3rd biggest position. Acorn Wealth Advisors LLC owned approximately 0.06% of VanEck Morningstar Wide Moat ETF worth $8,768,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Kentucky Trust Co bought a new position in VanEck Morningstar Wide Moat ETF during the fourth quarter valued at approximately $28,000. Bfsg LLC bought a new stake in VanEck Morningstar Wide Moat ETF in the 4th quarter worth approximately $33,000. Pinnacle Financial Partners Inc raised its stake in VanEck Morningstar Wide Moat ETF by 81.1% during 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 last quarter. Empowered Funds LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF during the 4th quarter valued at $64,000. Finally, Truvestments Capital LLC purchased a new position in shares of VanEck Morningstar Wide Moat ETF in the 3rd quarter worth $70,000.

VanEck Morningstar Wide Moat ETF Stock Up 0.4 %

Shares of MOAT opened at $92.64 on Tuesday. The business has a 50 day moving average price of $93.57 and a two-hundred day moving average price of $94.90. The company has a market capitalization of $14.84 billion, a price-to-earnings 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 paid a dividend of $1.2675 per share. 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.