TPG Advisors LLC Makes New $8.81 Million Investment in VanEck Morningstar Wide Moat ETF $MOAT

TPG Advisors LLC bought a new stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT – Free Report) in the third quarter, HoldingsChannel.com reports. The firm bought 83,341 shares of the company’s stock, valued at approximately $8,810,000. VanEck Morningstar Wide Moat ETF makes up about 4.7% of TPG Advisors LLC’s holdings, making the stock its 5th biggest holding.

Several other hedge funds and other institutional investors have also recently modified their holdings of MOAT. Harbor Group Inc. purchased a new position in shares of VanEck Morningstar Wide Moat ETF in the 3rd quarter worth $53,492,000. SHP Wealth Management purchased a new stake in VanEck Morningstar Wide Moat ETF during the fourth quarter valued at $25,653,000. Absolute Gestao de Investimentos Ltda. purchased a new stake in VanEck Morningstar Wide Moat ETF during the second quarter valued at $18,566,000. Coastline Complete Wealth LLC bought a new position in VanEck Morningstar Wide Moat ETF in the fourth quarter valued at about $13,301,000. Finally, Fermata Advisors LLC bought a new position in VanEck Morningstar Wide Moat ETF in the third quarter valued at about $12,963,000.

VanEck Morningstar Wide Moat ETF Stock Down 0.5%

BATS:MOAT traded down $0.60 on Friday, hitting $110.63. The stock had a trading volume of 505,190 shares, compared to its average volume of 833,305. The stock has a market cap of $14.94 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02. The business’s 50-day simple moving average is $110.46 and its two-hundred day simple moving average is $105.45. VanEck Morningstar Wide Moat ETF has a 52-week low of $94.07 and a 52-week high of $115.58.

VanEck Morningstar Wide Moat ETF Company Profile

(Free Report)

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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Want to see what other hedge funds are holding MOAT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Morningstar Wide Moat ETF (BATS:MOAT – Free Report).

Institutional Ownership by Quarter for VanEck Morningstar Wide Moat ETF (BATS:MOAT)

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