Tradewinds LLC. Makes New Investment in VanEck Morningstar Wide Moat ETF $MOAT

Tradewinds LLC. acquired a new position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 10,784 shares of the company’s stock, valued at approximately $1,011,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Boulay Financial Advisors LLC lifted its position in shares of VanEck Morningstar Wide Moat ETF by 14.9% during the second quarter. Boulay Financial Advisors LLC now owns 2,079,163 shares of the company’s stock valued at $195,005,000 after buying an additional 269,654 shares during the last quarter. Jones Financial Companies Lllp lifted its position in shares of VanEck Morningstar Wide Moat ETF by 29.6% during the first quarter. Jones Financial Companies Lllp now owns 882,771 shares of the company’s stock valued at $77,410,000 after buying an additional 201,826 shares during the last quarter. Obermeyer Wealth Partners lifted its position in VanEck Morningstar Wide Moat ETF by 3.5% during the first quarter. Obermeyer Wealth Partners now owns 881,212 shares of the company’s stock valued at $77,547,000 after acquiring an additional 29,800 shares during the last quarter. Cetera Investment Advisers lifted its position in VanEck Morningstar Wide Moat ETF by 5.2% during the first quarter. Cetera Investment Advisers now owns 806,650 shares of the company’s stock valued at $70,985,000 after acquiring an additional 39,664 shares during the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in VanEck Morningstar Wide Moat ETF by 9.6% during the second quarter. Envestnet Asset Management Inc. now owns 715,951 shares of the company’s stock valued at $67,149,000 after acquiring an additional 62,513 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Stock Up 9.5%

BATS:MOAT opened at $101.10 on Friday. VanEck Morningstar Wide Moat ETF has a 52 week low of $75.43 and a 52 week high of $99.41. The firm has a 50 day moving average of $99.48 and a 200 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 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.