Mengis Capital Management Inc. Boosts Stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Mengis Capital Management Inc. raised its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 2.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 56,498 shares of the company’s stock after purchasing an additional 1,515 shares during the quarter. VanEck Morningstar Wide Moat ETF accounts for 1.1% of Mengis Capital Management Inc.’s holdings, making the stock its 22nd largest holding. Mengis Capital Management Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $5,239,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MOAT. Kentucky Trust Co acquired a new stake in shares of VanEck Morningstar Wide Moat ETF in the fourth quarter valued at $28,000. Bfsg LLC acquired a new stake in shares of VanEck Morningstar Wide Moat ETF in the fourth quarter valued at $33,000. Pinnacle Financial Partners Inc grew its stake in shares of VanEck Morningstar Wide Moat ETF by 81.1% in the third quarter. Pinnacle Financial Partners Inc now owns 373 shares of the company’s stock valued at $36,000 after buying an additional 167 shares in the last quarter. Empowered Funds LLC acquired a new stake in shares of VanEck Morningstar Wide Moat ETF in the fourth quarter valued at $64,000. Finally, Truvestments Capital LLC acquired a new stake in shares of VanEck Morningstar Wide Moat ETF in the third quarter valued at $70,000.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of BATS MOAT opened at $92.64 on Tuesday. The company has a fifty day moving average price of $93.57 and a two-hundred day moving average price of $94.90. The firm has a market capitalization of $14.84 billion, a PE ratio of 25.73 and a beta of 1.03.

VanEck Morningstar Wide Moat ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 24th. Stockholders of record on Monday, December 23rd were paid 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.