VanEck Morningstar Wide Moat ETF (BATS:MOAT) Shares Purchased by Whitaker Myers Wealth Managers LTD.

Whitaker Myers Wealth Managers LTD. increased its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 11.0% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 618,823 shares of the company’s stock after purchasing an additional 61,087 shares during the quarter. VanEck Morningstar Wide Moat ETF comprises about 15.3% of Whitaker Myers Wealth Managers LTD.’s investment portfolio, making the stock its biggest holding. Whitaker Myers Wealth Managers LTD.’s holdings in VanEck Morningstar Wide Moat ETF were worth $54,456,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. LexAurum Advisors LLC acquired a new position in shares of VanEck Morningstar Wide Moat ETF during the 1st quarter valued at about $542,000. Sovereign Financial Group Inc. grew its holdings in VanEck Morningstar Wide Moat ETF by 8.6% in the first quarter. Sovereign Financial Group Inc. now owns 9,130 shares of the company’s stock valued at $803,000 after purchasing an additional 723 shares during the period. Snider Financial Group increased its position in VanEck Morningstar Wide Moat ETF by 1.4% during the first quarter. Snider Financial Group now owns 67,692 shares of the company’s stock worth $5,957,000 after purchasing an additional 933 shares during the last quarter. Insight Advisors LLC PA acquired a new position in VanEck Morningstar Wide Moat ETF during the first quarter worth approximately $219,000. Finally, Signal Advisors Wealth LLC raised its stake in VanEck Morningstar Wide Moat ETF by 44.3% during the first quarter. Signal Advisors Wealth LLC now owns 287,923 shares of the company’s stock worth $25,337,000 after purchasing an additional 88,405 shares during the period.

VanEck Morningstar Wide Moat ETF Stock Down 1.2%

Shares of MOAT opened at $91.21 on Friday. The firm has a market cap of $12.96 billion, a PE ratio of 23.79 and a beta of 1.02. The company’s fifty day moving average is $85.96 and its two-hundred day moving average is $90.91. VanEck Morningstar Wide Moat ETF has a fifty-two week low of $75.43 and a fifty-two week high of $99.06.

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.