Beaumont Financial Advisors LLC Raises Stock Position in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Beaumont Financial Advisors LLC raised its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 33.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 238,886 shares of the company’s stock after acquiring an additional 60,133 shares during the quarter. VanEck Morningstar Wide Moat ETF makes up 1.8% of Beaumont Financial Advisors LLC’s portfolio, making the stock its 19th largest holding. Beaumont Financial Advisors LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $20,274,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Morgan Stanley raised its holdings in shares of VanEck Morningstar Wide Moat ETF by 20.2% in the 3rd quarter. Morgan Stanley now owns 6,783,213 shares of the company’s stock valued at $514,439,000 after purchasing an additional 1,140,029 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in VanEck Morningstar Wide Moat ETF by 41.4% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 2,887,502 shares of the company’s stock worth $245,062,000 after buying an additional 845,137 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in VanEck Morningstar Wide Moat ETF during the third quarter worth $45,601,000. Davidson Capital Management Inc. lifted its holdings in VanEck Morningstar Wide Moat ETF by 507.3% during the third quarter. Davidson Capital Management Inc. now owns 668,294 shares of the company’s stock valued at $50,683,000 after purchasing an additional 558,246 shares in the last quarter. Finally, LPL Financial LLC lifted its holdings in VanEck Morningstar Wide Moat ETF by 8.2% during the third quarter. LPL Financial LLC now owns 5,504,363 shares of the company’s stock valued at $417,451,000 after purchasing an additional 418,536 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Stock Down 0.2 %

Shares of BATS MOAT traded down $0.14 during mid-day trading on Friday, reaching $83.97. The company’s stock had a trading volume of 902,643 shares. The firm has a market cap of $14.17 billion, a PE ratio of 27.67 and a beta of 1.02. The business has a fifty day simple moving average of $87.09 and a 200-day simple moving average of $82.27.

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.