VanEck Morningstar Wide Moat ETF $MOAT Shares Purchased by Verde Capital Management

Verde Capital Management increased its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 3.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 626,318 shares of the company’s stock after purchasing an additional 18,449 shares during the quarter. VanEck Morningstar Wide Moat ETF accounts for approximately 13.8% of Verde Capital Management’s holdings, making the stock its 2nd biggest position. Verde Capital Management’s holdings in VanEck Morningstar Wide Moat ETF were worth $64,862,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of MOAT. Brighton Jones LLC acquired a new stake in VanEck Morningstar Wide Moat ETF in the fourth quarter valued at $528,000. AQR Capital Management LLC lifted its holdings in VanEck Morningstar Wide Moat ETF by 16.9% in the first quarter. AQR Capital Management LLC now owns 21,523 shares of the company’s stock valued at $1,894,000 after acquiring an additional 3,107 shares during the period. Goldman Sachs Group Inc. acquired a new stake in VanEck Morningstar Wide Moat ETF in the first quarter valued at $1,068,000. Jane Street Group LLC lifted its holdings in VanEck Morningstar Wide Moat ETF by 125.3% in the first quarter. Jane Street Group LLC now owns 13,835 shares of the company’s stock valued at $1,217,000 after acquiring an additional 7,693 shares during the period. Finally, First Trust Advisors LP lifted its holdings in VanEck Morningstar Wide Moat ETF by 15.0% in the second quarter. First Trust Advisors LP now owns 3,795 shares of the company’s stock valued at $356,000 after acquiring an additional 494 shares during the period.

VanEck Morningstar Wide Moat ETF Stock Performance

VanEck Morningstar Wide Moat ETF stock opened at $100.41 on Tuesday. VanEck Morningstar Wide Moat ETF has a one year low of $87.68 and a one year high of $108.10. The business has a fifty day moving average of $99.28 and a two-hundred day moving average of $102.53. The company has a market cap of $13.56 billion, a P/E 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.