Meridian Wealth Management LLC Acquires 534 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Meridian Wealth Management LLC increased its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 2.8% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 19,322 shares of the company’s stock after purchasing an additional 534 shares during the period. Meridian Wealth Management LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $1,873,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. LPL Financial LLC boosted its stake in VanEck Morningstar Wide Moat ETF by 8.4% in the third quarter. LPL Financial LLC now owns 7,877,723 shares of the company’s stock valued at $763,745,000 after acquiring an additional 613,683 shares in the last quarter. Cetera Investment Advisers boosted its stake in VanEck Morningstar Wide Moat ETF by 675.1% in the first quarter. Cetera Investment Advisers now owns 655,462 shares of the company’s stock valued at $58,926,000 after acquiring an additional 570,901 shares in the last quarter. Redhawk Wealth Advisors Inc. boosted its stake in VanEck Morningstar Wide Moat ETF by 11,390.1% in the third quarter. Redhawk Wealth Advisors Inc. now owns 316,668 shares of the company’s stock valued at $30,701,000 after acquiring an additional 313,912 shares in the last quarter. Brookstone Capital Management boosted its stake in VanEck Morningstar Wide Moat ETF by 40.8% in the second quarter. Brookstone Capital Management now owns 987,292 shares of the company’s stock valued at $88,461,000 after acquiring an additional 285,929 shares in the last quarter. Finally, Fiduciary Financial Group LLC acquired a new stake in VanEck Morningstar Wide Moat ETF in the second quarter valued at approximately $17,311,000.

VanEck Morningstar Wide Moat ETF Trading Up 1.1 %

BATS MOAT opened at $97.43 on Friday. The business has a 50-day moving average of $96.05 and a two-hundred day moving average of $91.61. The stock has a market capitalization of $16.48 billion, a PE ratio of 28.30 and a beta of 1.01.

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.