Beacon Pointe Advisors LLC Purchases 520 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Beacon Pointe Advisors LLC raised its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 1.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 47,253 shares of the company’s stock after purchasing an additional 520 shares during the quarter. Beacon Pointe Advisors LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $4,010,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Park Avenue Securities LLC bought a new position in VanEck Morningstar Wide Moat ETF during the 3rd quarter worth $211,000. Wealthfront Advisers LLC boosted its stake in shares of VanEck Morningstar Wide Moat ETF by 23.8% in the 3rd quarter. Wealthfront Advisers LLC now owns 19,455 shares of the company’s stock valued at $1,475,000 after purchasing an additional 3,744 shares during the last quarter. Nilsine Partners LLC increased its position in shares of VanEck Morningstar Wide Moat ETF by 8.7% during the third quarter. Nilsine Partners LLC now owns 9,516 shares of the company’s stock worth $722,000 after buying an additional 760 shares during the period. WealthPlan Investment Management LLC raised its stake in VanEck Morningstar Wide Moat ETF by 28,248.9% during the third quarter. WealthPlan Investment Management LLC now owns 174,346 shares of the company’s stock worth $13,222,000 after buying an additional 173,731 shares during the last quarter. Finally, Novare Capital Management LLC acquired a new position in VanEck Morningstar Wide Moat ETF in the third quarter valued at $4,205,000.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of VanEck Morningstar Wide Moat ETF stock opened at $89.59 on Friday. The stock’s fifty day simple moving average is $87.31 and its 200-day simple moving average is $84.12. The firm has a market cap of $15.15 billion, a P/E ratio of 28.30 and a beta of 1.01.

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.