VanEck Morningstar Wide Moat ETF $MOAT Shares Newly Purchased by United Advisor Group LLC

United Advisor Group LLC purchased a new stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the third quarter, Holdings Channel.com reports. The fund purchased 6,421 shares of the company’s stock, valued at approximately $679,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. BIP Wealth LLC boosted its holdings in VanEck Morningstar Wide Moat ETF by 2.2% during the third quarter. BIP Wealth LLC now owns 7,052 shares of the company’s stock worth $745,000 after buying an additional 149 shares in the last quarter. RDA Financial Network grew its position in VanEck Morningstar Wide Moat ETF by 0.4% during the second quarter. RDA Financial Network now owns 35,413 shares of the company’s stock worth $3,682,000 after buying an additional 150 shares during the period. Trust Co. of Vermont purchased a new position in VanEck Morningstar Wide Moat ETF in the second quarter valued at about $28,000. Y.D. More Investments Ltd increased its holdings in VanEck Morningstar Wide Moat ETF by 62.2% in the first quarter. Y.D. More Investments Ltd now owns 730 shares of the company’s stock valued at $70,000 after buying an additional 280 shares in the last quarter. Finally, Guardian Wealth Advisors LLC NC increased its holdings in VanEck Morningstar Wide Moat ETF by 1.5% in the second quarter. Guardian Wealth Advisors LLC NC now owns 21,709 shares of the company’s stock valued at $2,257,000 after buying an additional 313 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of BATS:MOAT opened at $114.26 on Monday. The business’s 50 day simple moving average is $110.28 and its 200-day simple moving average is $105.55. The firm has a market capitalization of $11.95 billion, a price-to-earnings ratio of 22.24 and a beta of 0.97. VanEck Morningstar Wide Moat ETF has a 12 month low of $94.07 and a 12 month high of $118.52.

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. MOAT was launched on Apr 25, 2012 and is managed by VanEck.