Opal Wealth Advisors LLC Buys New Stake in VanEck Morningstar Wide Moat ETF $MOAT

Opal Wealth Advisors LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 46,361 shares of the company’s stock, valued at approximately $4,901,000. VanEck Morningstar Wide Moat ETF accounts for approximately 1.0% of Opal Wealth Advisors LLC’s holdings, making the stock its 17th largest holding.

Several other institutional investors also recently modified their holdings of MOAT. Harbor Group Inc. bought a new stake in shares of VanEck Morningstar Wide Moat ETF in the 3rd quarter valued at about $53,492,000. SHP Wealth Management bought a new stake in VanEck Morningstar Wide Moat ETF in the fourth quarter valued at $25,653,000. Absolute Gestao de Investimentos Ltda. bought a new stake in VanEck Morningstar Wide Moat ETF in the 2nd quarter valued at about $18,566,000. Coastline Complete Wealth LLC bought a new stake in shares of VanEck Morningstar Wide Moat ETF during the fourth quarter valued at approximately $13,301,000. Finally, Fermata Advisors LLC acquired a new position in VanEck Morningstar Wide Moat ETF during the third quarter worth $12,963,000.

VanEck Morningstar Wide Moat ETF Trading Down 0.5%

Shares of MOAT traded down $0.60 on Friday, reaching $110.63. The company’s stock had a trading volume of 505,190 shares, compared to its average volume of 833,305. The stock has a market capitalization of $14.94 billion, a PE ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a twelve month low of $94.07 and a twelve month high of $115.58. The firm has a fifty day moving average of $110.46 and a 200-day moving average of $105.45.

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.