Richmond Investment Services LLC Acquires 6,944 Shares of VanEck Morningstar Wide Moat ETF $MOAT

Richmond Investment Services LLC boosted its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOATFree Report) by 2.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 302,917 shares of the company’s stock after acquiring an additional 6,944 shares during the quarter. VanEck Morningstar Wide Moat ETF comprises 4.7% of Richmond Investment Services LLC’s holdings, making the stock its 4th largest holding. Richmond Investment Services LLC owned approximately 0.22% of VanEck Morningstar Wide Moat ETF worth $29,292,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. MBM Wealth Consultants LLC purchased a new position in shares of VanEck Morningstar Wide Moat ETF during the 1st quarter worth $25,000. Mcguire Capital Advisors Inc. acquired a new position in VanEck Morningstar Wide Moat ETF in the fourth quarter valued at about $29,000. First Horizon Corp acquired a new position in VanEck Morningstar Wide Moat ETF in the fourth quarter valued at about $31,000. Russell Investments Group Ltd. boosted its stake in VanEck Morningstar Wide Moat ETF by 60.9% during the fourth quarter. Russell Investments Group Ltd. now owns 296 shares of the company’s stock worth $31,000 after buying an additional 112 shares during the period. Finally, Empowered Funds LLC purchased a new position in VanEck Morningstar Wide Moat ETF during the fourth quarter worth about $32,000.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of MOAT opened at $106.01 on Wednesday. The firm has a 50-day simple moving average of $102.19 and a two-hundred day simple moving average of $102.70. The stock has a market cap of $14.31 billion, a PE ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a 1-year low of $93.96 and a 1-year high of $108.10.

VanEck Morningstar Wide Moat ETF Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for VanEck Morningstar Wide Moat ETF (BATS:MOAT)

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