VanEck Morningstar Wide Moat ETF (BATS:MOAT) Position Boosted by Garden State Investment Advisory Services LLC

Garden State Investment Advisory Services LLC raised its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 7.2% during the 3rd quarter, Holdings Channel reports. The fund owned 22,497 shares of the company’s stock after purchasing an additional 1,505 shares during the period. Garden State Investment Advisory Services LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $2,181,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in the business. LPL Financial LLC boosted its holdings in shares of 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. Redhawk Wealth Advisors Inc. boosted its stake in VanEck Morningstar Wide Moat ETF by 11,390.1% during the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 316,668 shares of the company’s stock valued at $30,701,000 after purchasing an additional 313,912 shares in the last quarter. Brookstone Capital Management increased its position in shares of VanEck Morningstar Wide Moat ETF by 40.8% during the 2nd quarter. Brookstone Capital Management now owns 987,292 shares of the company’s stock valued at $88,461,000 after purchasing an additional 285,929 shares during the period. Fiduciary Financial Group LLC bought a new stake in shares of VanEck Morningstar Wide Moat ETF in the 2nd quarter worth $17,311,000. Finally, Magnolia Capital Advisors LLC acquired a new stake in shares of VanEck Morningstar Wide Moat ETF in the second quarter valued at $14,150,000.

VanEck Morningstar Wide Moat ETF Trading Up 0.3 %

BATS:MOAT opened at $98.44 on Monday. The business’s 50-day moving average price is $96.40 and its 200-day moving average price is $92.01. The firm has a market capitalization of $16.65 billion, a price-to-earnings ratio of 28.30 and a beta of 1.01.

About VanEck Morningstar Wide Moat ETF

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.