Creekside Partners Makes New $2.97 Million Investment in VanEck Morningstar Wide Moat ETF $MOAT

Creekside Partners purchased a new position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 28,100 shares of the company’s stock, valued at approximately $2,970,000. VanEck Morningstar Wide Moat ETF comprises about 1.1% of Creekside Partners’ holdings, making the stock its 24th biggest position.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Commonwealth Equity Services LLC bought a new stake in shares of VanEck Morningstar Wide Moat ETF during the 3rd quarter valued at about $105,396,000. Leelyn Smith LLC acquired a new stake in VanEck Morningstar Wide Moat ETF during the third quarter worth about $57,004,000. Harbor Group Inc. bought a new position in VanEck Morningstar Wide Moat ETF in the third quarter worth about $53,492,000. James J. Burns & Company LLC bought a new position in VanEck Morningstar Wide Moat ETF in the third quarter worth about $21,287,000. Finally, Beaumont Asset Management L.L.C. bought a new position in VanEck Morningstar Wide Moat ETF in the third quarter worth about $18,995,000.

VanEck Morningstar Wide Moat ETF Stock Up 2.4%

Shares of MOAT stock opened at $116.99 on Tuesday. The company has a market cap of $12.24 billion, a P/E ratio of 22.24 and a beta of 0.97. The business has a 50 day moving average of $110.32 and a two-hundred day moving average of $105.60. VanEck Morningstar Wide Moat ETF has a 52 week low of $94.07 and a 52 week 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.