15,000 Shares in VanEck Morningstar Wide Moat ETF $MOAT Bought by MADDEN SECURITIES Corp

MADDEN SECURITIES Corp acquired a new stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 15,000 shares of the company’s stock, valued at approximately $1,586,000.

A number of other institutional investors also recently made changes to their positions in MOAT. Harbor Group Inc. bought a new position in shares of VanEck Morningstar Wide Moat ETF during the 3rd quarter valued at $53,492,000. James J. Burns & Company LLC purchased a new position in VanEck Morningstar Wide Moat ETF in the 3rd quarter worth $21,287,000. Beaumont Asset Management L.L.C. bought a new stake in VanEck Morningstar Wide Moat ETF in the third quarter worth $18,995,000. Absolute Gestao de Investimentos Ltda. bought a new stake in VanEck Morningstar Wide Moat ETF in the second quarter worth $18,566,000. Finally, Robertson Stephens Wealth Management LLC bought a new stake in VanEck Morningstar Wide Moat ETF in the third quarter worth $14,065,000.

VanEck Morningstar Wide Moat ETF Stock Down 0.6%

BATS MOAT opened at $111.31 on Wednesday. The company has a 50-day simple moving average of $110.29 and a two-hundred day simple moving average of $105.27. VanEck Morningstar Wide Moat ETF has a 12-month low of $94.07 and a 12-month high of $115.58. The firm has a market cap of $15.03 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. MOAT was launched on Apr 25, 2012 and is managed by VanEck.