Independent Financial Group LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT – Free Report) during the 1st quarter, HoldingsChannel.com reports. The institutional investor bought 114,279 shares of the company’s stock, valued at approximately $11,051,000.
Other hedge funds have also modified their holdings of the company. MBM Wealth Consultants LLC acquired a new stake in shares of VanEck Morningstar Wide Moat ETF during the 1st quarter valued at about $25,000. Mcguire Capital Advisors Inc. acquired a new position in VanEck Morningstar Wide Moat ETF in the 4th quarter worth about $29,000. First Horizon Corp purchased a new position in VanEck Morningstar Wide Moat ETF during the fourth quarter worth approximately $31,000. Russell Investments Group Ltd. boosted its position in VanEck Morningstar Wide Moat ETF by 60.9% during the fourth quarter. Russell Investments Group Ltd. now owns 296 shares of the company’s stock worth $31,000 after purchasing an additional 112 shares in the last quarter. Finally, Empowered Funds LLC acquired a new stake in VanEck Morningstar Wide Moat ETF in the fourth quarter valued at approximately $32,000.
VanEck Morningstar Wide Moat ETF Price Performance
VanEck Morningstar Wide Moat ETF stock opened at $107.59 on Friday. The stock has a market capitalization of $14.52 billion, a PE ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a 12 month low of $94.07 and a 12 month high of $108.10. The business has a 50 day simple moving average of $102.97 and a 200-day simple moving average of $102.77.
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. MOAT was launched on Apr 25, 2012 and is managed by VanEck.
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Want to see what other hedge funds are holding MOAT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Morningstar Wide Moat ETF (BATS:MOAT – Free Report).
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