Boomfish Wealth Group LLC Increases Position in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Boomfish Wealth Group LLC increased its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 6.7% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 84,906 shares of the company’s stock after acquiring an additional 5,310 shares during the quarter. VanEck Morningstar Wide Moat ETF makes up about 4.8% of Boomfish Wealth Group LLC’s investment portfolio, making the stock its 2nd largest position. Boomfish Wealth Group LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $7,354,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Raymond James Financial Services Advisors Inc. increased its holdings in shares of VanEck Morningstar Wide Moat ETF by 12.5% during the first quarter. Raymond James Financial Services Advisors Inc. now owns 3,247,417 shares of the company’s stock valued at $291,943,000 after acquiring an additional 359,915 shares in the last quarter. Mesirow Financial Investment Management Inc. acquired a new stake in shares of VanEck Morningstar Wide Moat ETF during the first quarter worth $225,517,000. Commonwealth Equity Services LLC grew its holdings in shares of VanEck Morningstar Wide Moat ETF by 5.1% during the first quarter. Commonwealth Equity Services LLC now owns 2,459,308 shares of the company’s stock valued at $221,092,000 after buying an additional 119,262 shares during the last quarter. Wells Fargo & Company MN increased its position in shares of VanEck Morningstar Wide Moat ETF by 14.3% in the 4th quarter. Wells Fargo & Company MN now owns 2,438,183 shares of the company’s stock valued at $206,929,000 after acquiring an additional 305,404 shares during the period. Finally, Raymond James & Associates raised its stake in VanEck Morningstar Wide Moat ETF by 4.3% in the 1st quarter. Raymond James & Associates now owns 2,367,879 shares of the company’s stock worth $212,872,000 after acquiring an additional 96,603 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Stock Up 0.3 %

MOAT traded up $0.25 on Friday, reaching $92.25. 328,061 shares of the stock were exchanged. The firm’s fifty day moving average is $88.00 and its 200-day moving average is $87.29. The stock has a market capitalization of $15.60 billion, a price-to-earnings ratio of 28.30 and a beta of 1.01.

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.