Flynn Zito Capital Management LLC Makes New $473,000 Investment in VanEck Morningstar Wide Moat ETF $MOAT

Flynn Zito Capital Management LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 4,477 shares of the company’s stock, valued at approximately $473,000.

Other hedge funds have also modified their holdings of the company. Trust Co. of Vermont acquired a new position in VanEck Morningstar Wide Moat ETF during the second quarter worth about $28,000. Pflug Koory LLC purchased a new stake in VanEck Morningstar Wide Moat ETF during the 3rd quarter valued at about $33,000. Headlands Technologies LLC purchased a new stake in VanEck Morningstar Wide Moat ETF during the 2nd quarter valued at about $40,000. Salomon & Ludwin LLC purchased a new stake in VanEck Morningstar Wide Moat ETF during the 3rd quarter valued at about $42,000. Finally, Godsey & Gibb Inc. acquired a new stake in VanEck Morningstar Wide Moat ETF in the 3rd quarter valued at about $45,000.

VanEck Morningstar Wide Moat ETF Trading Up 2.4%

MOAT stock opened at $116.99 on Tuesday. The firm has a 50-day moving average of $110.32 and a two-hundred day moving average of $105.60. VanEck Morningstar Wide Moat ETF has a 12 month low of $94.07 and a 12 month high of $118.52. The company has a market cap of $12.24 billion, a price-to-earnings ratio of 22.24 and a beta of 0.97.

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.