Gradient Investments LLC Sells 258,847 Shares of VanEck Morningstar SMID Moat ETF (BATS:SMOT)

Gradient Investments LLC decreased its stake in shares of VanEck Morningstar SMID Moat ETF (BATS:SMOT) by 18.8% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 1,119,600 shares of the company’s stock after selling 258,847 shares during the period. Gradient Investments LLC owned 10.56% of VanEck Morningstar SMID Moat ETF worth $38,593,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Sanctuary Advisors LLC bought a new stake in VanEck Morningstar SMID Moat ETF in the 2nd quarter valued at about $813,000. Creekside Partners acquired a new position in VanEck Morningstar SMID Moat ETF in the second quarter valued at about $1,498,000. Mattson Financial Services LLC acquired a new stake in VanEck Morningstar SMID Moat ETF during the second quarter worth about $1,594,000. Brown Financial Advisors bought a new position in VanEck Morningstar SMID Moat ETF in the 2nd quarter valued at about $2,874,000. Finally, Lowe Wealth Advisors LLC raised its position in shares of VanEck Morningstar SMID Moat ETF by 31.6% in the 3rd quarter. Lowe Wealth Advisors LLC now owns 13,374 shares of the company’s stock valued at $468,000 after buying an additional 3,210 shares in the last quarter.

VanEck Morningstar SMID Moat ETF Stock Performance

Shares of VanEck Morningstar SMID Moat ETF stock opened at $36.01 on Friday. The stock’s fifty day moving average price is $35.76 and its 200 day moving average price is $34.61. The company has a market cap of $381.65 million, a P/E ratio of 16.99 and a beta of 1.10.

VanEck Morningstar SMID Moat ETF Announces Dividend

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

VanEck Morningstar SMID Moat ETF Company 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.