Peak Financial Advisors LLC Reduces Position in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Peak Financial Advisors LLC trimmed its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 0.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 42,842 shares of the company’s stock after selling 222 shares during the quarter. VanEck Morningstar Wide Moat ETF accounts for about 2.1% of Peak Financial Advisors LLC’s investment portfolio, making the stock its 11th biggest position. Peak Financial Advisors LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $3,973,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Pinnacle Financial Partners Inc boosted its position in shares of VanEck Morningstar Wide Moat ETF by 81.1% during the third quarter. Pinnacle Financial Partners Inc now owns 373 shares of the company’s stock worth $36,000 after buying an additional 167 shares during the period. Truvestments Capital LLC acquired a new position in shares of VanEck Morningstar Wide Moat ETF during the third quarter worth approximately $70,000. GAMMA Investing LLC acquired a new position in shares of VanEck Morningstar Wide Moat ETF during the fourth quarter worth approximately $72,000. Coastline Trust Co acquired a new position in shares of VanEck Morningstar Wide Moat ETF during the third quarter worth approximately $146,000. Finally, Saxony Capital Management LLC acquired a new stake in VanEck Morningstar Wide Moat ETF in the third quarter worth approximately $202,000.

VanEck Morningstar Wide Moat ETF Price Performance

MOAT opened at $92.29 on Wednesday. The firm has a market capitalization of $15.61 billion, a P/E ratio of 28.30 and a beta of 1.01. The business has a fifty day moving average price of $95.77 and a 200 day moving average price of $93.80.

VanEck Morningstar Wide Moat ETF Dividend Announcement

The company 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 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.