Concurrent Investment Advisors LLC raised its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT – Free Report) by 24.1% during the third quarter, HoldingsChannel reports. The fund owned 23,677 shares of the company’s stock after acquiring an additional 4,603 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $2,296,000 as of its most recent SEC filing.
Several other hedge funds also recently added to or reduced their stakes in MOAT. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of VanEck Morningstar Wide Moat ETF during the 2nd quarter valued at approximately $26,000. Mather Group LLC. bought a new stake in VanEck Morningstar Wide Moat ETF during the second quarter valued at $32,000. Fairman Group LLC acquired a new stake in shares of VanEck Morningstar Wide Moat ETF during the second quarter worth $41,000. Clearstead Trust LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF in the 1st quarter worth about $45,000. Finally, Cullen Frost Bankers Inc. acquired a new position in shares of VanEck Morningstar Wide Moat ETF in the 2nd quarter valued at about $50,000.
VanEck Morningstar Wide Moat ETF Trading Up 0.5 %
Shares of BATS:MOAT opened at $96.86 on Friday. The company has a market cap of $16.38 billion, a P/E ratio of 28.30 and a beta of 1.01. The firm’s fifty day simple moving average is $95.55 and its 200-day simple moving average is $90.76.
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.
See Also
- Five stocks we like better than VanEck Morningstar Wide Moat ETF
- What is the S&P 500 and How It is Distinct from Other Indexes
- Gilead’s Stock Surge: What’s Fueling the Momentum?
- Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness
- Breakout Alert: Qualcomm Just Hit The Rally Button
- Where Do I Find 52-Week Highs and Lows?
- Mercado Libre Shares Go on Sale: Is Now the Time to Buy?
Want to see what other hedge funds are holding MOAT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Morningstar Wide Moat ETF (BATS:MOAT – Free Report).
Receive News & Ratings for VanEck Morningstar Wide Moat ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Morningstar Wide Moat ETF and related companies with MarketBeat.com's FREE daily email newsletter.
