VanEck Morningstar Wide Moat ETF (BATS:MOAT) Shares Acquired by Jacobi Capital Management LLC

Jacobi Capital Management LLC lifted its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 5.7% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 6,412 shares of the company’s stock after buying an additional 346 shares during the period. Jacobi Capital Management LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $576,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Raymond James Financial Services Advisors Inc. grew its position in shares of VanEck Morningstar Wide Moat ETF by 12.5% during the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 3,247,417 shares of the company’s stock valued at $291,943,000 after buying an additional 359,915 shares during the last quarter. Mesirow Financial Investment Management Inc. bought a new stake in shares of VanEck Morningstar Wide Moat ETF during the 1st quarter valued at about $225,517,000. Commonwealth Equity Services LLC grew its position in VanEck Morningstar Wide Moat ETF by 5.1% in the 1st quarter. Commonwealth Equity Services LLC now owns 2,459,308 shares of the company’s stock worth $221,092,000 after purchasing an additional 119,262 shares during the last quarter. Wells Fargo & Company MN grew its position in VanEck Morningstar Wide Moat ETF by 14.3% in the 4th quarter. Wells Fargo & Company MN now owns 2,438,183 shares of the company’s stock worth $206,929,000 after purchasing an additional 305,404 shares during the last quarter. Finally, Raymond James & Associates grew its position in VanEck Morningstar Wide Moat ETF by 4.3% in the 1st quarter. Raymond James & Associates now owns 2,367,879 shares of the company’s stock worth $212,872,000 after purchasing an additional 96,603 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Stock Performance

BATS MOAT traded up $0.75 on Tuesday, hitting $89.00. The stock had a trading volume of 668,261 shares. The stock has a market cap of $15.05 billion, a PE ratio of 28.30 and a beta of 1.01. The firm’s 50 day simple moving average is $87.31 and its 200-day simple moving average is $86.54.

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.