Axxcess Wealth Management LLC Acquires 98,821 Shares of VanEck Morningstar Wide Moat ETF $MOAT

Axxcess Wealth Management LLC increased its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 667.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 113,630 shares of the company’s stock after purchasing an additional 98,821 shares during the quarter. Axxcess Wealth Management LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $11,768,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the business. Arkadios Wealth Advisors grew its stake in shares of VanEck Morningstar Wide Moat ETF by 2.3% during the 3rd quarter. Arkadios Wealth Advisors now owns 4,443 shares of the company’s stock worth $440,000 after acquiring an additional 101 shares in the last quarter. Western Pacific Wealth Management LP boosted its holdings in shares of VanEck Morningstar Wide Moat ETF by 1.7% in the 4th quarter. Western Pacific Wealth Management LP now owns 6,983 shares of the company’s stock valued at $723,000 after buying an additional 116 shares during the last quarter. Sagespring Wealth Partners LLC boosted its holdings in shares of VanEck Morningstar Wide Moat ETF by 3.4% in the 4th quarter. Sagespring Wealth Partners LLC now owns 3,597 shares of the company’s stock valued at $372,000 after buying an additional 117 shares during the last quarter. Warner Financial Inc. boosted its holdings in shares of VanEck Morningstar Wide Moat ETF by 1.2% in the 4th quarter. Warner Financial Inc. now owns 11,305 shares of the company’s stock valued at $1,171,000 after buying an additional 132 shares during the last quarter. Finally, Simplicity Wealth LLC boosted its holdings in shares of VanEck Morningstar Wide Moat ETF by 4.0% in the 4th quarter. Simplicity Wealth LLC now owns 3,458 shares of the company’s stock valued at $358,000 after buying an additional 133 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of VanEck Morningstar Wide Moat ETF stock opened at $102.24 on Friday. VanEck Morningstar Wide Moat ETF has a 1 year low of $87.68 and a 1 year high of $108.10. The company has a market capitalization of $13.80 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02. The business has a fifty day simple moving average of $99.21 and a two-hundred day simple moving average of $102.52.

VanEck Morningstar Wide Moat ETF Company 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. MOAT was launched on Apr 25, 2012 and is managed by VanEck.