Robertson Stephens Wealth Management LLC Acquires New Stake in VanEck Morningstar Wide Moat ETF $MOAT

Robertson Stephens Wealth Management LLC acquired a new position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 133,054 shares of the company’s stock, valued at approximately $14,065,000. Robertson Stephens Wealth Management LLC owned approximately 0.10% of VanEck Morningstar Wide Moat ETF as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the company. RDA Financial Network lifted its holdings in shares of VanEck Morningstar Wide Moat ETF by 0.4% in the second quarter. RDA Financial Network now owns 35,413 shares of the company’s stock valued at $3,682,000 after purchasing an additional 150 shares in the last quarter. Root Financial Partners LLC boosted its position in shares of VanEck Morningstar Wide Moat ETF by 1.6% in the first quarter. Root Financial Partners LLC now owns 9,799 shares of the company’s stock worth $948,000 after buying an additional 152 shares during the period. Blue Trust Inc. grew its holdings in shares of VanEck Morningstar Wide Moat ETF by 86.0% during the first quarter. Blue Trust Inc. now owns 398 shares of the company’s stock valued at $39,000 after buying an additional 184 shares in the last quarter. World Investment Advisors grew its holdings in shares of VanEck Morningstar Wide Moat ETF by 1.3% during the fourth quarter. World Investment Advisors now owns 16,868 shares of the company’s stock valued at $1,747,000 after buying an additional 211 shares in the last quarter. Finally, Randolph Co Inc grew its holdings in shares of VanEck Morningstar Wide Moat ETF by 11.5% during the first quarter. Randolph Co Inc now owns 2,440 shares of the company’s stock valued at $236,000 after buying an additional 251 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Trading Down 0.5%

BATS:MOAT opened at $110.63 on Friday. The firm has a market capitalization of $14.94 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a 1-year low of $94.07 and a 1-year high of $115.58. The business’s fifty day moving average price is $110.46 and its 200 day moving average price is $105.45.

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.