Hickory Asset Management Inc. Invests $2.04 Million in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Hickory Asset Management Inc. bought a new stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 22,031 shares of the company’s stock, valued at approximately $2,043,000. VanEck Morningstar Wide Moat ETF makes up about 1.7% of Hickory Asset Management Inc.’s investment portfolio, making the stock its 17th largest position.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. LPL Financial LLC lifted its holdings in VanEck Morningstar Wide Moat ETF by 8.4% in 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. grew its position in 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 valued at $256,113,000 after acquiring an additional 91,428 shares in the last quarter. Raymond James & Associates grew its position in shares of VanEck Morningstar Wide Moat ETF by 0.3% during the third quarter. Raymond James & Associates now owns 2,386,177 shares of the company’s stock worth $231,340,000 after buying an additional 7,909 shares in the last quarter. HighTower Advisors LLC grew its position 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 buying an additional 50,383 shares in the last quarter. Finally, Sfmg LLC grew its position in shares of VanEck Morningstar Wide Moat ETF by 1.0% during the third quarter. Sfmg LLC now owns 583,753 shares of the company’s stock worth $56,595,000 after buying an additional 5,726 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of MOAT opened at $91.63 on Friday. The stock’s 50-day moving average price is $94.37 and its two-hundred day moving average price is $94.69. The company has a market capitalization of $15.49 billion, a PE ratio of 28.30 and a beta of 1.01.

VanEck Morningstar Wide Moat ETF Announces Dividend

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

VanEck Morningstar Wide Moat ETF Company 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.