Commonwealth Equity Services LLC Acquires New Stake in VanEck Morningstar Wide Moat ETF $MOAT

Commonwealth Equity Services LLC acquired a new stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the 3rd quarter, HoldingsChannel.com reports. The firm acquired 997,032 shares of the company’s stock, valued at approximately $105,396,000.

Other large investors also recently bought and sold shares of the company. Trust Co. of Vermont purchased a new position in VanEck Morningstar Wide Moat ETF in the 2nd quarter worth $28,000. Pflug Koory LLC purchased a new stake in VanEck Morningstar Wide Moat ETF during the third quarter worth $33,000. Headlands Technologies LLC purchased a new stake in shares of VanEck Morningstar Wide Moat ETF during the 2nd quarter worth about $40,000. Salomon & Ludwin LLC acquired a new stake in VanEck Morningstar Wide Moat ETF in the third quarter valued at approximately $42,000. Finally, Godsey & Gibb Inc. purchased a new stake in VanEck Morningstar Wide Moat ETF in the 3rd quarter worth $45,000.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of MOAT traded down $0.66 during mid-day trading on Friday, hitting $114.26. 322,856 shares of the company were exchanged, compared to its average volume of 805,132. The company has a 50 day moving average of $110.28 and a 200-day moving average of $105.55. VanEck Morningstar Wide Moat ETF has a 1-year low of $94.07 and a 1-year high of $118.52. The stock has a market cap of $11.95 billion, a price-to-earnings ratio of 22.24 and a beta of 0.97.

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.