Stegent Equity Advisors Inc. Purchases 22,469 Shares of VanEck Morningstar SMID Moat ETF (BATS:SMOT)

Stegent Equity Advisors Inc. grew its position in shares of VanEck Morningstar SMID Moat ETF (BATS:SMOT) by 105.7% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 43,735 shares of the company’s stock after purchasing an additional 22,469 shares during the quarter. VanEck Morningstar SMID Moat ETF comprises approximately 1.5% of Stegent Equity Advisors Inc.’s investment portfolio, making the stock its 21st largest position. Stegent Equity Advisors Inc. owned approximately 0.41% of VanEck Morningstar SMID Moat ETF worth $1,508,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Stonebridge Financial Planning Group LLC grew its position in shares of VanEck Morningstar SMID Moat ETF by 16.1% during the 3rd quarter. Stonebridge Financial Planning Group LLC now owns 9,993 shares of the company’s stock worth $350,000 after buying an additional 1,385 shares during the period. Janney Montgomery Scott LLC grew its position in shares of VanEck Morningstar SMID Moat ETF by 14.2% during the 3rd quarter. Janney Montgomery Scott LLC now owns 25,124 shares of the company’s stock worth $880,000 after buying an additional 3,118 shares during the period. Jane Street Group LLC acquired a new stake in shares of VanEck Morningstar SMID Moat ETF during the 3rd quarter worth approximately $566,000. Woodmont Investment Counsel LLC grew its position in shares of VanEck Morningstar SMID Moat ETF by 4.3% during the 3rd quarter. Woodmont Investment Counsel LLC now owns 159,410 shares of the company’s stock worth $5,584,000 after buying an additional 6,560 shares during the period. Finally, HighTower Advisors LLC grew its position in shares of VanEck Morningstar SMID Moat ETF by 30.8% during the 3rd quarter. HighTower Advisors LLC now owns 57,162 shares of the company’s stock worth $1,987,000 after buying an additional 13,456 shares during the period.

VanEck Morningstar SMID Moat ETF Trading Up 2.4 %

Shares of SMOT stock opened at $35.56 on Thursday. The firm has a market cap of $437.39 million, a P/E ratio of 19.66 and a beta of 1.31. The stock’s 50 day moving average is $35.51 and its 200 day moving average is $35.18.

VanEck Morningstar SMID Moat ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 24th. Investors of record on Monday, December 23rd were given a $0.4082 dividend. The ex-dividend date of this dividend 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.