Jacksonville Wealth Management LLC Acquires New Position in VanEck Morningstar Wide Moat ETF $MOAT

Jacksonville Wealth Management LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 45,771 shares of the company’s stock, valued at approximately $4,838,000. VanEck Morningstar Wide Moat ETF comprises 2.5% of Jacksonville Wealth Management LLC’s portfolio, making the stock its 11th biggest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Tompkins Financial Corp acquired a new position in VanEck Morningstar Wide Moat ETF in the 3rd quarter worth $3,623,000. Financial Solutions Advisory Group Inc. purchased a new position in VanEck Morningstar Wide Moat ETF in the 1st quarter valued at about $10,762,000. Winebrenner Capital Management LLC purchased a new position in VanEck Morningstar Wide Moat ETF in the 3rd quarter valued at about $1,242,000. Money Concepts Capital Corp purchased a new position in VanEck Morningstar Wide Moat ETF in the 1st quarter valued at about $3,818,000. Finally, Lotus Asset Management LLC acquired a new stake in shares of VanEck Morningstar Wide Moat ETF during the second quarter valued at about $551,000.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of VanEck Morningstar Wide Moat ETF stock opened at $117.99 on Thursday. The business has a 50-day moving average of $110.28 and a 200-day moving average of $105.47. The company has a market capitalization of $12.34 billion, a PE ratio of 22.24 and a beta of 0.97. VanEck Morningstar Wide Moat ETF has a 1-year low of $94.07 and a 1-year high of $118.52.

VanEck Morningstar Wide Moat ETF Company 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.