VanEck Morningstar SMID Moat ETF (BATS:SMOT) Shares Sold by Brown Financial Advisors

Brown Financial Advisors lowered its holdings in shares of VanEck Morningstar SMID Moat ETF (BATS:SMOT) by 24.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 71,601 shares of the company’s stock after selling 23,549 shares during the period. VanEck Morningstar SMID Moat ETF makes up 1.0% of Brown Financial Advisors’ holdings, making the stock its 29th largest position. Brown Financial Advisors owned approximately 0.68% of VanEck Morningstar SMID Moat ETF worth $2,468,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Principle Wealth Partners LLC grew its position in VanEck Morningstar SMID Moat ETF by 0.5% in the fourth quarter. Principle Wealth Partners LLC now owns 780,194 shares of the company’s stock worth $26,893,000 after buying an additional 4,235 shares during the last quarter. Financial Management Network Inc. lifted its stake in VanEck Morningstar SMID Moat ETF by 3.7% during the fourth quarter. Financial Management Network Inc. now owns 527,215 shares of the company’s stock valued at $18,263,000 after buying an additional 18,666 shares in the last quarter. Apexium Financial LP boosted its holdings in shares of VanEck Morningstar SMID Moat ETF by 11.9% in the fourth quarter. Apexium Financial LP now owns 331,454 shares of the company’s stock worth $11,425,000 after buying an additional 35,259 shares during the period. Mesirow Financial Investment Management Inc. increased its position in shares of VanEck Morningstar SMID Moat ETF by 0.8% in the third quarter. Mesirow Financial Investment Management Inc. now owns 259,109 shares of the company’s stock worth $9,077,000 after acquiring an additional 1,966 shares in the last quarter. Finally, Raymond James & Associates lifted its stake in VanEck Morningstar SMID Moat ETF by 1.3% in the 3rd quarter. Raymond James & Associates now owns 169,087 shares of the company’s stock worth $5,923,000 after acquiring an additional 2,244 shares in the last quarter.

VanEck Morningstar SMID Moat ETF Stock Up 2.6 %

Shares of BATS:SMOT opened at $35.65 on Tuesday. The firm has a market cap of $438.50 million, a price-to-earnings ratio of 19.66 and a beta of 1.31. The firm’s 50-day moving average is $35.53 and its two-hundred day moving average is $35.15.

VanEck Morningstar SMID Moat ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 24th. Stockholders of record on Monday, December 23rd were paid a dividend of $0.4082 per share. The ex-dividend date was Monday, December 23rd.

VanEck Morningstar SMID Moat ETF Profile

The VanEck Morningstar SMID Moat ETF (SMOT) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an index made up of two equally-weighted sub-portfolios, comprised of small- and mid-cap companies believed to have durable competitive advantages and attractive valuations.