NewEdge Advisors LLC Has $26.29 Million Holdings in VanEck Morningstar Wide Moat ETF $MOAT

NewEdge Advisors LLC grew its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 5.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 271,887 shares of the company’s stock after acquiring an additional 14,390 shares during the quarter. NewEdge Advisors LLC owned 0.20% of VanEck Morningstar Wide Moat ETF worth $26,292,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Swmg LLC boosted its stake in VanEck Morningstar Wide Moat ETF by 1.3% in the 4th quarter. Swmg LLC now owns 7,926 shares of the company’s stock worth $836,000 after purchasing an additional 103 shares during the period. Russell Investments Group Ltd. lifted its position in shares of VanEck Morningstar Wide Moat ETF by 60.9% in 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. Western Pacific Wealth Management LP boosted its holdings in VanEck Morningstar Wide Moat ETF by 1.7% during the fourth quarter. Western Pacific Wealth Management LP now owns 6,983 shares of the company’s stock worth $723,000 after purchasing an additional 116 shares during the last quarter. Simplicity Wealth LLC grew its position in VanEck Morningstar Wide Moat ETF by 4.0% in the fourth quarter. Simplicity Wealth LLC now owns 3,458 shares of the company’s stock valued at $358,000 after purchasing an additional 133 shares in the last quarter. Finally, Scarborough Advisors LLC grew its position in VanEck Morningstar Wide Moat ETF by 14.6% in the fourth quarter. Scarborough Advisors LLC now owns 1,195 shares of the company’s stock valued at $124,000 after purchasing an additional 152 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Trading Up 1.5%

Shares of MOAT stock opened at $112.27 on Friday. The firm’s fifty day moving average price is $105.08 and its two-hundred day moving average price is $103.02. VanEck Morningstar Wide Moat ETF has a 1 year low of $94.07 and a 1 year high of $112.37. The firm has a market capitalization of $15.16 billion, a P/E ratio of 22.53 and a beta of 1.02.

VanEck Morningstar Wide Moat ETF 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.