Brown Brothers Harriman & Co. Increases Stock Position in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Brown Brothers Harriman & Co. lifted its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 61.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,162 shares of the company’s stock after acquiring an additional 825 shares during the period. Brown Brothers Harriman & Co.’s holdings in VanEck Morningstar Wide Moat ETF were worth $210,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. LPL Financial LLC grew its position in shares of VanEck Morningstar Wide Moat ETF by 8.4% during the third quarter. LPL Financial LLC now owns 7,877,723 shares of the company’s stock worth $763,745,000 after acquiring an additional 613,683 shares during the last quarter. Mesirow Financial Investment Management Inc. grew its position in VanEck Morningstar Wide Moat ETF by 3.6% in the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 2,641,655 shares of the company’s stock valued at $256,113,000 after buying an additional 91,428 shares during the last quarter. Commonwealth Equity Services LLC grew its position in VanEck Morningstar Wide Moat ETF by 1.2% in the 2nd quarter. Commonwealth Equity Services LLC now owns 2,489,450 shares of the company’s stock valued at $215,611,000 after buying an additional 30,142 shares during the last quarter. Raymond James & Associates grew its position in VanEck Morningstar Wide Moat ETF by 0.3% in the 3rd quarter. Raymond James & Associates now owns 2,386,177 shares of the company’s stock valued at $231,340,000 after buying an additional 7,909 shares during the last quarter. Finally, CWM LLC grew its position in VanEck Morningstar Wide Moat ETF by 10.5% in the 3rd quarter. CWM LLC now owns 1,152,800 shares of the company’s stock valued at $111,764,000 after buying an additional 109,394 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Trading Down 0.4 %

BATS:MOAT opened at $98.16 on Thursday. The firm has a fifty day moving average price of $96.28 and a two-hundred day moving average price of $91.86. The stock has a market cap of $16.60 billion, a price-to-earnings 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.