IAM Advisory LLC Sells 848 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

IAM Advisory LLC lessened its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 1.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 47,468 shares of the company’s stock after selling 848 shares during the period. VanEck Morningstar Wide Moat ETF makes up about 1.1% of IAM Advisory LLC’s portfolio, making the stock its 16th biggest holding. IAM Advisory LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $4,402,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MOAT. Pinnacle Financial Partners Inc increased its position 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 acquiring an additional 167 shares during the period. Truvestments Capital LLC purchased a new stake in VanEck Morningstar Wide Moat ETF in the third quarter valued at approximately $70,000. GAMMA Investing LLC acquired a new position in VanEck Morningstar Wide Moat ETF in the 4th quarter worth approximately $72,000. Coastline Trust Co purchased a new position in VanEck Morningstar Wide Moat ETF during the 3rd quarter worth approximately $146,000. Finally, Saxony Capital Management LLC acquired a new stake in VanEck Morningstar Wide Moat ETF during the 3rd quarter valued at approximately $202,000.

VanEck Morningstar Wide Moat ETF Price Performance

BATS:MOAT opened at $94.14 on Friday. The business has a fifty day simple moving average of $95.56 and a two-hundred day simple moving average of $93.85. The firm has a market capitalization of $15.92 billion, a price-to-earnings ratio of 28.30 and a beta of 1.01.

VanEck Morningstar Wide Moat ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 24th. Investors of record on Monday, December 23rd were issued 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.