Castle Rock Wealth Management LLC acquired a new stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT – Free Report) in the third quarter, Holdings Channel.com reports. The firm acquired 9,128 shares of the company’s stock, valued at approximately $988,000.
Several other institutional investors and hedge funds have also modified their holdings of MOAT. Royal Bank of Canada grew its holdings in VanEck Morningstar Wide Moat ETF by 10.8% during the first quarter. Royal Bank of Canada now owns 833,825 shares of the company’s stock worth $80,630,000 after acquiring an additional 81,552 shares during the period. Verde Capital Management raised its position in VanEck Morningstar Wide Moat ETF by 5.1% during the first quarter. Verde Capital Management now owns 658,249 shares of the company’s stock valued at $63,653,000 after acquiring an additional 31,931 shares in the last quarter. Kelman Lazarov Inc. lifted its holdings in VanEck Morningstar Wide Moat ETF by 0.9% in the first quarter. Kelman Lazarov Inc. now owns 561,025 shares of the company’s stock valued at $54,251,000 after acquiring an additional 5,005 shares during the period. Apriem Advisors lifted its holdings in VanEck Morningstar Wide Moat ETF by 3.9% in the fourth quarter. Apriem Advisors now owns 513,241 shares of the company’s stock valued at $53,151,000 after acquiring an additional 19,418 shares during the period. Finally, Leelyn Smith LLC boosted its position in VanEck Morningstar Wide Moat ETF by 4.1% in the 1st quarter. Leelyn Smith LLC now owns 511,612 shares of the company’s stock worth $49,473,000 after purchasing an additional 20,186 shares in the last quarter.
VanEck Morningstar Wide Moat ETF Stock Up 0.3%
Shares of BATS MOAT traded up $0.35 during midday trading on Friday, reaching $108.74. 404,488 shares of the stock were exchanged, compared to its average volume of 843,797. The firm has a market cap of $14.68 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a twelve month low of $94.07 and a twelve month high of $115.58. The firm has a 50-day simple moving average of $110.57 and a two-hundred day simple moving average of $104.97.
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.
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