Envestnet Asset Management Inc. raised its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT – Free Report) by 9.6% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 715,951 shares of the company’s stock after acquiring an additional 62,513 shares during the period. Envestnet Asset Management Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $67,149,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds also recently made changes to their positions in MOAT. Brighton Jones LLC bought a new stake in shares of VanEck Morningstar Wide Moat ETF during the 4th quarter valued at $528,000. GAMMA Investing LLC raised its position in shares of VanEck Morningstar Wide Moat ETF by 29.7% during the 1st quarter. GAMMA Investing LLC now owns 1,005 shares of the company’s stock valued at $88,000 after acquiring an additional 230 shares during the last quarter. Golden State Wealth Management LLC raised its position in shares of VanEck Morningstar Wide Moat ETF by 100.0% during the 1st quarter. Golden State Wealth Management LLC now owns 408 shares of the company’s stock valued at $36,000 after acquiring an additional 204 shares during the last quarter. Glassy Mountain Advisors Inc. raised its position in shares of VanEck Morningstar Wide Moat ETF by 10.4% during the 1st quarter. Glassy Mountain Advisors Inc. now owns 6,053 shares of the company’s stock valued at $533,000 after acquiring an additional 571 shares during the last quarter. Finally, First Horizon Advisors Inc. raised its position in shares of VanEck Morningstar Wide Moat ETF by 5.6% during the 1st quarter. First Horizon Advisors Inc. now owns 6,567 shares of the company’s stock valued at $578,000 after acquiring an additional 350 shares during the last quarter.
VanEck Morningstar Wide Moat ETF Stock Performance
Shares of VanEck Morningstar Wide Moat ETF stock opened at $101.10 on Friday. The firm has a fifty day moving average of $99.48 and a two-hundred day moving average of $94.59. The stock has a market capitalization of $13.65 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a 52 week low of $75.43 and a 52 week high of $99.41.
About VanEck Morningstar Wide Moat ETF
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.
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