Box Hill Private Wealth LLC Makes New Investment in VanEck Morningstar Wide Moat ETF $MOAT

Box Hill Private Wealth LLC purchased a new stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 5,757 shares of the company’s stock, valued at approximately $609,000.

Several other hedge funds also recently modified their holdings of the company. SHP Wealth Management bought a new position in VanEck Morningstar Wide Moat ETF in the fourth quarter valued at about $25,653,000. LPL Financial LLC raised its holdings in VanEck Morningstar Wide Moat ETF by 2.8% in the 4th quarter. LPL Financial LLC now owns 6,583,657 shares of the company’s stock valued at $681,803,000 after buying an additional 180,972 shares during the last quarter. Absolute Gestao de Investimentos Ltda. acquired a new stake in VanEck Morningstar Wide Moat ETF during the 2nd quarter worth approximately $18,566,000. Coastline Complete Wealth LLC acquired a new stake in VanEck Morningstar Wide Moat ETF during the 4th quarter worth approximately $13,301,000. Finally, Napier Financial LLC bought a new stake in VanEck Morningstar Wide Moat ETF during the 4th quarter worth approximately $12,805,000.

VanEck Morningstar Wide Moat ETF Stock Up 1.4%

BATS MOAT traded up $1.54 on Monday, hitting $107.76. The company’s stock had a trading volume of 296,560 shares, compared to its average volume of 854,584. The company’s 50-day moving average is $110.51 and its 200 day moving average is $104.67. The firm has a market cap of $14.55 billion, a PE 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.

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. MOAT was launched on Apr 25, 2012 and is managed by VanEck.