Saxony Capital Management LLC Buys New Stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Saxony Capital Management LLC purchased a new position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 2,087 shares of the company’s stock, valued at approximately $202,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Calton & Associates Inc. purchased a new position in shares of VanEck Morningstar Wide Moat ETF in the 1st quarter valued at about $204,000. Fairscale Capital LLC purchased a new position in VanEck Morningstar Wide Moat ETF in the 2nd quarter valued at approximately $473,000. Mirador Capital Partners LP purchased a new position in VanEck Morningstar Wide Moat ETF in the 1st quarter valued at approximately $282,000. Goepper Burkhardt LLC increased its position in VanEck Morningstar Wide Moat ETF by 8.3% during the second quarter. Goepper Burkhardt LLC now owns 50,887 shares of the company’s stock worth $4,407,000 after buying an additional 3,905 shares in the last quarter. Finally, Kovack Advisors Inc. boosted its holdings in shares of VanEck Morningstar Wide Moat ETF by 35.8% during the first quarter. Kovack Advisors Inc. now owns 4,228 shares of the company’s stock worth $380,000 after purchasing an additional 1,115 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of MOAT opened at $96.72 on Wednesday. The firm has a market capitalization of $16.36 billion, a PE ratio of 28.30 and a beta of 1.01. The stock’s 50 day moving average is $94.99 and its 200-day moving average is $90.03.

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.