D.A. Davidson & CO. Acquires New Shares in VanEck Morningstar Wide Moat ETF $MOAT

D.A. Davidson & CO. purchased a new position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 54,729 shares of the company’s stock, valued at approximately $5,785,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. VestGen Advisors LLC acquired a new stake in VanEck Morningstar Wide Moat ETF in the third quarter valued at approximately $6,597,000. Lynx Investment Advisory acquired a new stake in shares of VanEck Morningstar Wide Moat ETF in the third quarter worth $216,000. Convergence Financial LLC bought a new position in VanEck Morningstar Wide Moat ETF during the third quarter worth $756,000. Victory Financial Group LLC bought a new stake in shares of VanEck Morningstar Wide Moat ETF in the third quarter valued at about $2,969,000. Finally, MADDEN SECURITIES Corp acquired a new stake in VanEck Morningstar Wide Moat ETF during the third quarter worth about $1,586,000.

VanEck Morningstar Wide Moat ETF Stock Down 0.0%

Shares of MOAT opened at $112.38 on Friday. The firm has a market capitalization of $15.17 billion, a price-to-earnings 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 $115.58. The stock’s 50-day moving average price is $110.22 and its 200 day moving average price is $105.35.

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.