VanEck Morningstar Wide Moat ETF $MOAT Shares Newly Purchased by Legacy Solutions LLC

Legacy Solutions LLC bought a new stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm bought 13,548 shares of the company’s stock, valued at approximately $1,432,000. VanEck Morningstar Wide Moat ETF accounts for 1.1% of Legacy Solutions LLC’s holdings, making the stock its 21st largest holding.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in MOAT. SHP Wealth Management acquired a new position in VanEck Morningstar Wide Moat ETF during the 4th quarter worth approximately $25,653,000. Absolute Gestao de Investimentos Ltda. acquired a new stake in VanEck Morningstar Wide Moat ETF in the second quarter valued at approximately $18,566,000. Coastline Complete Wealth LLC bought a new stake in shares of VanEck Morningstar Wide Moat ETF during the fourth quarter valued at approximately $13,301,000. Independent Financial Group LLC bought a new stake in shares of VanEck Morningstar Wide Moat ETF during the first quarter valued at approximately $11,051,000. Finally, Financial Solutions Advisory Group Inc. bought a new stake in shares of VanEck Morningstar Wide Moat ETF during the first quarter valued at approximately $10,762,000.

VanEck Morningstar Wide Moat ETF Stock Down 0.4%

MOAT traded down $0.41 during trading on Wednesday, hitting $107.83. 158,756 shares of the company’s stock were exchanged, compared to its average volume of 847,926. VanEck Morningstar Wide Moat ETF has a fifty-two week low of $94.07 and a fifty-two week high of $115.58. The stock has a market cap of $14.56 billion, a P/E ratio of 22.53 and a beta of 1.02. The business’s 50 day moving average is $110.55 and its two-hundred day moving average is $104.80.

VanEck Morningstar Wide Moat ETF 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. MOAT was launched on Apr 25, 2012 and is managed by VanEck.