Avaii Wealth Management LLC Has $202,000 Stock Holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Avaii Wealth Management LLC reduced its stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 10.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,181 shares of the company’s stock after selling 241 shares during the quarter. Avaii Wealth Management LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $202,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Pinnacle Financial Partners Inc lifted 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 worth $36,000 after purchasing an additional 167 shares during the period. Truvestments Capital LLC acquired a new position in VanEck Morningstar Wide Moat ETF in the third quarter valued at $70,000. GAMMA Investing LLC bought a new stake in VanEck Morningstar Wide Moat ETF during the fourth quarter valued at $72,000. Avior Wealth Management LLC grew its holdings in VanEck Morningstar Wide Moat ETF by 2,231.7% during the 4th quarter. Avior Wealth Management LLC now owns 956 shares of the company’s stock worth $89,000 after acquiring an additional 915 shares during the period. Finally, Coastline Trust Co bought a new position in shares of VanEck Morningstar Wide Moat ETF in the 3rd quarter worth about $146,000.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of BATS:MOAT opened at $95.78 on Friday. The company has a 50-day simple moving average of $95.42 and a 200-day simple moving average of $94.16. The firm has a market cap of $16.20 billion, a P/E ratio of 28.30 and a beta of 1.01.

VanEck Morningstar Wide Moat ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, December 24th. Shareholders of record on Monday, December 23rd were issued a dividend of $1.2675 per share. The ex-dividend date of this dividend was Monday, December 23rd.

VanEck Morningstar Wide Moat ETF 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.