Graver Capital Management LLC Raises Stock Position in VanEck Morningstar Wide Moat ETF $MOAT

Graver Capital Management LLC raised its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 7.7% in the first quarter, Holdings Channel.com reports. The fund owned 191,550 shares of the company’s stock after acquiring an additional 13,755 shares during the quarter. VanEck Morningstar Wide Moat ETF makes up about 14.1% of Graver Capital Management LLC’s investment portfolio, making the stock its 2nd largest position. Graver Capital Management LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $18,523,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the business. MBM Wealth Consultants LLC acquired a new position in shares of VanEck Morningstar Wide Moat ETF during the 1st quarter worth $25,000. Mcguire Capital Advisors Inc. acquired a new stake in shares of VanEck Morningstar Wide Moat ETF in the 4th quarter valued at $29,000. Russell Investments Group Ltd. lifted its stake in shares of VanEck Morningstar Wide Moat ETF by 60.9% in the 4th quarter. Russell Investments Group Ltd. now owns 296 shares of the company’s stock valued at $31,000 after purchasing an additional 112 shares during the last quarter. First Horizon Corp bought a new stake in VanEck Morningstar Wide Moat ETF in the fourth quarter worth $31,000. Finally, Empowered Funds LLC bought a new stake in VanEck Morningstar Wide Moat ETF in the fourth quarter worth $32,000.

VanEck Morningstar Wide Moat ETF Price Performance

VanEck Morningstar Wide Moat ETF stock opened at $103.71 on Tuesday. The company has a market capitalization of $14.00 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a one year low of $93.45 and a one year high of $108.10. The company’s fifty day moving average price is $101.71 and its two-hundred day moving average price is $102.69.

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.