Gateway Wealth Partners LLC Raises Stock Holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Gateway Wealth Partners LLC boosted its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 14.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,657 shares of the company’s stock after buying an additional 455 shares during the quarter. Gateway Wealth Partners LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $339,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Pinnacle Financial Partners Inc increased its holdings in 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 purchasing an additional 167 shares during the last quarter. Truvestments Capital LLC purchased a new position in shares of VanEck Morningstar Wide Moat ETF during the third quarter worth $70,000. GAMMA Investing LLC acquired a new stake in shares of VanEck Morningstar Wide Moat ETF in the fourth quarter valued at $72,000. Avior Wealth Management LLC grew its stake in shares of VanEck Morningstar Wide Moat ETF by 2,231.7% in the fourth quarter. Avior Wealth Management LLC now owns 956 shares of the company’s stock valued at $89,000 after buying an additional 915 shares in the last quarter. Finally, Coastline Trust Co purchased a new stake in shares of VanEck Morningstar Wide Moat ETF in the 3rd quarter valued at $146,000.

VanEck Morningstar Wide Moat ETF Stock Up 3.4 %

Shares of VanEck Morningstar Wide Moat ETF stock opened at $95.39 on Thursday. The stock has a market cap of $16.13 billion, a PE ratio of 28.30 and a beta of 1.01. The firm’s 50 day moving average price is $95.47 and its 200-day moving average price is $94.40.

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.

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.