5,420,559 Shares in VanEck Morningstar Wide Moat ETF (BATS:MOAT) Purchased by Raymond James Financial Inc.

Raymond James Financial Inc. acquired a new stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 5,420,559 shares of the company’s stock, valued at approximately $502,621,000. Raymond James Financial Inc. owned about 3.21% of VanEck Morningstar Wide Moat ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. LPL Financial LLC boosted its stake in VanEck Morningstar Wide Moat ETF by 8.4% during the 3rd quarter. LPL Financial LLC now owns 7,877,723 shares of the company’s stock valued at $763,745,000 after purchasing an additional 613,683 shares in the last quarter. Mesirow Financial Investment Management Inc. boosted its position in shares of VanEck Morningstar Wide Moat ETF by 3.6% in the third quarter. Mesirow Financial Investment Management Inc. now owns 2,641,655 shares of the company’s stock worth $256,113,000 after buying an additional 91,428 shares during the period. JNBA Financial Advisors boosted its position in shares of VanEck Morningstar Wide Moat ETF by 0.6% in the fourth quarter. JNBA Financial Advisors now owns 820,432 shares of the company’s stock worth $76,075,000 after buying an additional 4,693 shares during the period. HighTower Advisors LLC raised its holdings in shares of VanEck Morningstar Wide Moat ETF by 7.0% during the third quarter. HighTower Advisors LLC now owns 768,506 shares of the company’s stock worth $74,470,000 after acquiring an additional 50,383 shares in the last quarter. Finally, Jones Financial Companies Lllp raised its holdings in shares of VanEck Morningstar Wide Moat ETF by 62.0% during the fourth quarter. Jones Financial Companies Lllp now owns 680,945 shares of the company’s stock worth $63,141,000 after acquiring an additional 260,624 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Trading Down 0.9 %

BATS MOAT opened at $91.47 on Thursday. The company’s fifty day moving average is $93.09 and its 200-day moving average is $94.91. The company has a market capitalization of $14.65 billion, a price-to-earnings ratio of 25.73 and a beta of 1.03.

VanEck Morningstar Wide Moat ETF Announces Dividend

The firm 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.

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.