Castle Rock Wealth Management LLC Buys New Shares in VanEck Morningstar Wide Moat ETF $MOAT

Castle Rock Wealth Management LLC purchased a new position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 9,128 shares of the company’s stock, valued at approximately $988,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Royal Bank of Canada increased its position in shares of VanEck Morningstar Wide Moat ETF by 10.8% in the 1st quarter. Royal Bank of Canada now owns 833,825 shares of the company’s stock valued at $80,630,000 after acquiring an additional 81,552 shares during the period. Verde Capital Management increased its holdings in shares of VanEck Morningstar Wide Moat ETF by 5.1% in the first quarter. Verde Capital Management now owns 658,249 shares of the company’s stock valued at $63,653,000 after purchasing an additional 31,931 shares during the period. Kelman Lazarov Inc. raised its stake in shares of VanEck Morningstar Wide Moat ETF by 0.9% in the first quarter. Kelman Lazarov Inc. now owns 561,025 shares of the company’s stock worth $54,251,000 after purchasing an additional 5,005 shares during the last quarter. Apriem Advisors lifted its holdings in shares of VanEck Morningstar Wide Moat ETF by 3.9% during the fourth quarter. Apriem Advisors now owns 513,241 shares of the company’s stock worth $53,151,000 after purchasing an additional 19,418 shares during the period. Finally, Leelyn Smith LLC boosted its position in VanEck Morningstar Wide Moat ETF by 4.1% in the first quarter. Leelyn Smith LLC now owns 511,612 shares of the company’s stock valued at $49,473,000 after buying an additional 20,186 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Price Performance

BATS:MOAT traded up $0.35 during midday trading on Friday, hitting $108.74. The company’s stock had a trading volume of 404,488 shares, compared to its average volume of 843,797. VanEck Morningstar Wide Moat ETF has a fifty-two week low of $94.07 and a fifty-two week high of $115.58. The firm has a market cap of $14.68 billion, a P/E ratio of 22.53 and a beta of 1.02. The firm’s 50 day moving average is $110.57 and its 200-day moving average is $104.97.

About VanEck Morningstar Wide Moat ETF

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.