Kelman Lazarov Inc. Raises Stake in VanEck Morningstar Wide Moat ETF $MOAT

Kelman Lazarov Inc. grew its position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 0.9% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 561,025 shares of the company’s stock after buying an additional 5,005 shares during the quarter. VanEck Morningstar Wide Moat ETF accounts for 7.8% of Kelman Lazarov Inc.’s portfolio, making the stock its 3rd largest position. Kelman Lazarov Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $54,251,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in MOAT. MBM Wealth Consultants LLC bought a new stake in shares of VanEck Morningstar Wide Moat ETF during the first quarter valued at approximately $25,000. Mcguire Capital Advisors Inc. bought a new position in VanEck Morningstar Wide Moat ETF in the 4th quarter valued at approximately $29,000. Russell Investments Group Ltd. lifted its position in VanEck Morningstar Wide Moat ETF by 60.9% in the 4th quarter. Russell Investments Group Ltd. now owns 296 shares of the company’s stock valued at $31,000 after acquiring an additional 112 shares in the last quarter. First Horizon Corp purchased a new stake in VanEck Morningstar Wide Moat ETF during the 4th quarter valued at $31,000. Finally, Empowered Funds LLC purchased a new stake in VanEck Morningstar Wide Moat ETF during the 4th quarter valued at $32,000.

VanEck Morningstar Wide Moat ETF Stock Performance

VanEck Morningstar Wide Moat ETF stock opened at $106.29 on Friday. The firm has a market cap of $14.35 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02. The stock has a fifty day simple moving average of $101.98 and a two-hundred day simple moving average of $102.70. VanEck Morningstar Wide Moat ETF has a 12 month low of $93.96 and a 12 month high of $108.10.

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. MOAT was launched on Apr 25, 2012 and is managed by VanEck.