Morningstar Investment Management LLC Makes New $6.21 Million Investment in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Morningstar Investment Management LLC purchased a new position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the second quarter, according to its most recent filing with the SEC. The firm purchased 71,730 shares of the company’s stock, valued at approximately $6,213,000. VanEck Morningstar Wide Moat ETF accounts for 0.6% of Morningstar Investment Management LLC’s portfolio, making the stock its 21st largest holding.

A number of other large investors have also recently bought and sold shares of MOAT. Stonebridge Financial Planning Group LLC boosted its position in shares of VanEck Morningstar Wide Moat ETF by 109.9% during the 2nd quarter. Stonebridge Financial Planning Group LLC now owns 25,369 shares of the company’s stock worth $2,197,000 after purchasing an additional 13,280 shares in the last quarter. Main Street Financial Solutions LLC boosted its position in shares of VanEck Morningstar Wide Moat ETF by 84.7% during the 2nd quarter. Main Street Financial Solutions LLC now owns 14,548 shares of the company’s stock worth $1,260,000 after purchasing an additional 6,672 shares in the last quarter. Eagle Strategies LLC boosted its position in shares of VanEck Morningstar Wide Moat ETF by 652.6% during the 2nd quarter. Eagle Strategies LLC now owns 182,448 shares of the company’s stock worth $15,802,000 after purchasing an additional 158,206 shares in the last quarter. Johnson Investment Counsel Inc. boosted its position in shares of VanEck Morningstar Wide Moat ETF by 44.0% during the 2nd quarter. Johnson Investment Counsel Inc. now owns 3,275 shares of the company’s stock worth $284,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Fortune Financial Advisors LLC boosted its position in shares of VanEck Morningstar Wide Moat ETF by 1.0% during the 2nd quarter. Fortune Financial Advisors LLC now owns 45,698 shares of the company’s stock worth $3,958,000 after purchasing an additional 439 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Stock Up 0.1 %

MOAT stock opened at $94.05 on Friday. The company has a market cap of $15.90 billion, a PE ratio of 28.30 and a beta of 1.01. The stock’s 50-day moving average is $90.87 and its 200-day moving average is $88.42.

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.