JPMorgan Chase & Co. Increases Position in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

JPMorgan Chase & Co. raised its position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 24.4% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 157,161 shares of the company’s stock after buying an additional 30,816 shares during the period. JPMorgan Chase & Co.’s holdings in VanEck Morningstar Wide Moat ETF were worth $15,237,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of MOAT. Copley Financial Group Inc. acquired a new position in shares of VanEck Morningstar Wide Moat ETF in the third quarter valued at approximately $4,257,000. Synovus Financial Corp grew its stake in shares of VanEck Morningstar Wide Moat ETF by 166.5% in the third quarter. Synovus Financial Corp now owns 10,710 shares of the company’s stock worth $1,038,000 after acquiring an additional 6,691 shares in the last quarter. Sfmg LLC increased 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 acquiring an additional 5,726 shares during the period. World Investment Advisors LLC acquired a new stake in shares of VanEck Morningstar Wide Moat ETF in the third quarter valued at $6,646,000. Finally, Sanctuary Advisors LLC boosted its holdings in VanEck Morningstar Wide Moat ETF by 58.9% in the third quarter. Sanctuary Advisors LLC now owns 250,742 shares of the company’s stock valued at $24,435,000 after purchasing an additional 92,917 shares during the period.

VanEck Morningstar Wide Moat ETF Price Performance

MOAT opened at $91.13 on Friday. The firm has a market cap of $15.41 billion, a PE ratio of 28.30 and a beta of 1.01. The business’s 50 day moving average is $95.91 and its two-hundred day moving average is $93.64.

VanEck Morningstar Wide Moat ETF Announces Dividend

The company also recently announced 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 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.