TRUE Private Wealth Advisors Acquires Shares of 4,698 VanEck Morningstar Wide Moat ETF (BATS:MOAT)

TRUE Private Wealth Advisors acquired a new stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,698 shares of the company’s stock, valued at approximately $399,000.

Several other hedge funds also recently made changes to their positions in MOAT. Pekin Hardy Strauss Inc. boosted its stake in VanEck Morningstar Wide Moat ETF by 4.5% during the third quarter. Pekin Hardy Strauss Inc. now owns 3,695 shares of the company’s stock valued at $280,000 after buying an additional 160 shares during the period. Benjamin Edwards Inc. boosted its stake in VanEck Morningstar Wide Moat ETF by 5.2% during the second quarter. Benjamin Edwards Inc. now owns 3,308 shares of the company’s stock valued at $264,000 after buying an additional 165 shares during the period. Brighton Jones LLC boosted its stake in VanEck Morningstar Wide Moat ETF by 3.2% during the third quarter. Brighton Jones LLC now owns 5,671 shares of the company’s stock valued at $430,000 after buying an additional 177 shares during the period. FAS Wealth Partners Inc. boosted its stake in VanEck Morningstar Wide Moat ETF by 8.9% during the third quarter. FAS Wealth Partners Inc. now owns 2,428 shares of the company’s stock valued at $184,000 after buying an additional 198 shares during the period. Finally, Northern Trust Corp boosted its stake in VanEck Morningstar Wide Moat ETF by 1.0% during the third quarter. Northern Trust Corp now owns 19,764 shares of the company’s stock valued at $1,499,000 after buying an additional 205 shares during the period.

VanEck Morningstar Wide Moat ETF Stock Down 0.4 %

BATS:MOAT opened at $84.11 on Thursday. The company’s 50-day simple moving average is $87.11 and its two-hundred day simple moving average is $82.26. The company has a market capitalization of $14.19 billion, a price-to-earnings ratio of 27.67 and a beta of 1.02.

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.