Oppenheimer & Co. Inc. Decreases Stock Position in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Oppenheimer & Co. Inc. decreased its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 0.7% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 117,507 shares of the company’s stock after selling 834 shares during the quarter. Oppenheimer & Co. Inc. owned 0.07% of VanEck Morningstar Wide Moat ETF worth $10,177,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in MOAT. Gilbert & Cook Inc. increased its position in shares of VanEck Morningstar Wide Moat ETF by 14.7% during the fourth quarter. Gilbert & Cook Inc. now owns 9,229 shares of the company’s stock worth $783,000 after acquiring an additional 1,182 shares during the last quarter. 9258 Wealth Management LLC grew its stake in VanEck Morningstar Wide Moat ETF by 4.6% during the 4th quarter. 9258 Wealth Management LLC now owns 22,017 shares of the company’s stock valued at $1,869,000 after purchasing an additional 965 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in VanEck Morningstar Wide Moat ETF by 21.4% during the 4th quarter. Janney Montgomery Scott LLC now owns 210,216 shares of the company’s stock worth $17,841,000 after purchasing an additional 37,009 shares during the last quarter. Beacon Pointe Advisors LLC raised its position in shares of VanEck Morningstar Wide Moat ETF by 1.1% in the 4th quarter. Beacon Pointe Advisors LLC now owns 47,253 shares of the company’s stock valued at $4,010,000 after purchasing an additional 520 shares in the last quarter. Finally, Meridian Wealth Management LLC purchased a new position in shares of VanEck Morningstar Wide Moat ETF during the 4th quarter valued at approximately $1,382,000.

VanEck Morningstar Wide Moat ETF Price Performance

MOAT stock opened at $94.65 on Friday. The stock’s fifty day moving average is $91.03 and its 200 day moving average is $88.48. The firm has a market capitalization of $16.01 billion, a P/E ratio of 28.30 and a beta of 1.01.

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.