22,826 Shares of VanEck Morningstar Wide Moat ETF $MOAT Bought by Triumph Capital Management

Triumph Capital Management acquired a new position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the 3rd quarter, Holdings Channel reports. The institutional investor acquired 22,826 shares of the company’s stock, valued at approximately $2,413,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Focus Financial Network Inc. acquired a new position in VanEck Morningstar Wide Moat ETF during the 3rd quarter valued at about $1,601,000. Boyce & Associates Wealth Consulting Inc. bought a new position in shares of VanEck Morningstar Wide Moat ETF in the 3rd quarter valued at about $7,376,000. Signal Advisors Wealth LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF in the 3rd quarter valued at about $276,000. Sax Wealth Advisors LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF in the 3rd quarter valued at about $790,000. Finally, Fermata Advisors LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF in the 3rd quarter valued at about $12,963,000.

VanEck Morningstar Wide Moat ETF Trading Down 0.2%

Shares of BATS:MOAT traded down $0.25 during trading on Wednesday, hitting $109.06. 666,086 shares of the company’s stock were exchanged, compared to its average volume of 837,055. VanEck Morningstar Wide Moat ETF has a 1-year low of $94.07 and a 1-year high of $115.58. The firm has a 50-day moving average price of $110.48 and a two-hundred day moving average price of $105.30. The firm has a market cap of $14.72 billion, a P/E ratio of 22.53 and a beta of 1.02.

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.