Moneco Advisors LLC Buys New Position in VanEck Morningstar Wide Moat ETF $MOAT

Moneco Advisors LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm bought 50,633 shares of the company’s stock, valued at approximately $5,352,000.

A number of other institutional investors have also recently bought and sold shares of MOAT. BIP Wealth LLC boosted its holdings in shares of VanEck Morningstar Wide Moat ETF by 2.2% in the third quarter. BIP Wealth LLC now owns 7,052 shares of the company’s stock valued at $745,000 after buying an additional 149 shares during the period. RDA Financial Network increased its position in shares of VanEck Morningstar Wide Moat ETF by 0.4% during the second quarter. RDA Financial Network now owns 35,413 shares of the company’s stock worth $3,682,000 after acquiring an additional 150 shares in the last quarter. Trust Co. of Vermont bought a new stake in shares of VanEck Morningstar Wide Moat ETF during the second quarter worth $28,000. Y.D. More Investments Ltd increased its position in shares of VanEck Morningstar Wide Moat ETF by 62.2% during the first quarter. Y.D. More Investments Ltd now owns 730 shares of the company’s stock worth $70,000 after acquiring an additional 280 shares in the last quarter. Finally, Guardian Wealth Advisors LLC NC raised its holdings in shares of VanEck Morningstar Wide Moat ETF by 1.5% during the second quarter. Guardian Wealth Advisors LLC NC now owns 21,709 shares of the company’s stock worth $2,257,000 after acquiring an additional 313 shares during the period.

VanEck Morningstar Wide Moat ETF Stock Down 0.1%

Shares of BATS:MOAT opened at $116.89 on Wednesday. The firm has a market cap of $12.23 billion, a price-to-earnings ratio of 22.24 and a beta of 0.97. VanEck Morningstar Wide Moat ETF has a 12 month low of $94.07 and a 12 month high of $118.52. The company’s fifty day simple moving average is $110.37 and its 200 day simple moving average is $105.65.

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.