VanEck Morningstar Wide Moat ETF $MOAT is Etesian Wealth Advisors Inc.’s Largest Position

Etesian Wealth Advisors Inc. boosted its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 2.6% in the first quarter, Holdings Channel reports. The fund owned 196,364 shares of the company’s stock after purchasing an additional 5,063 shares during the period. VanEck Morningstar Wide Moat ETF accounts for about 6.1% of Etesian Wealth Advisors Inc.’s portfolio, making the stock its biggest position. Etesian Wealth Advisors Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $18,988,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of MOAT. Brighton Jones LLC acquired a new position in shares of VanEck Morningstar Wide Moat ETF in the fourth quarter valued at approximately $528,000. AQR Capital Management LLC lifted its holdings in shares of VanEck Morningstar Wide Moat ETF by 16.9% during the first quarter. AQR Capital Management LLC now owns 21,523 shares of the company’s stock worth $1,894,000 after purchasing an additional 3,107 shares during the period. Goldman Sachs Group Inc. acquired a new stake in shares of VanEck Morningstar Wide Moat ETF during the first quarter worth $1,068,000. Jane Street Group LLC grew its position in VanEck Morningstar Wide Moat ETF by 125.3% in the 1st quarter. Jane Street Group LLC now owns 13,835 shares of the company’s stock valued at $1,217,000 after buying an additional 7,693 shares during the last quarter. Finally, First Trust Advisors LP grew its position in VanEck Morningstar Wide Moat ETF by 15.0% in the 2nd quarter. First Trust Advisors LP now owns 3,795 shares of the company’s stock valued at $356,000 after buying an additional 494 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of MOAT opened at $103.71 on Tuesday. The stock has a market capitalization of $14.00 billion, a P/E ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a 1 year low of $93.45 and a 1 year high of $108.10. The company’s fifty day moving average is $101.71 and its two-hundred day moving average is $102.69.

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.