Fifth Third Bancorp Purchases 46,811 Shares of VanEck Morningstar Wide Moat ETF $MOAT

Fifth Third Bancorp raised its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 57,791.4% in the first quarter, HoldingsChannel.com reports. The firm owned 46,892 shares of the company’s stock after buying an additional 46,811 shares during the period. Fifth Third Bancorp’s holdings in VanEck Morningstar Wide Moat ETF were worth $4,535,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. 46 Peaks LLC grew its holdings in shares of VanEck Morningstar Wide Moat ETF by 3.2% during the first quarter. 46 Peaks LLC now owns 96,548 shares of the company’s stock valued at $9,336,000 after buying an additional 2,961 shares during the last quarter. Simplicity Wealth LLC lifted its position in VanEck Morningstar Wide Moat ETF by 24.9% in the 1st quarter. Simplicity Wealth LLC now owns 4,318 shares of the company’s stock valued at $418,000 after acquiring an additional 860 shares in the last quarter. Kestra Advisory Services LLC lifted its position in VanEck Morningstar Wide Moat ETF by 3.6% in the 1st quarter. Kestra Advisory Services LLC now owns 105,767 shares of the company’s stock valued at $10,228,000 after acquiring an additional 3,644 shares in the last quarter. Money Concepts Capital Corp acquired a new position in VanEck Morningstar Wide Moat ETF during the 1st quarter valued at about $3,818,000. Finally, Richmond Investment Services LLC boosted its stake in VanEck Morningstar Wide Moat ETF by 2.3% during the 1st quarter. Richmond Investment Services LLC now owns 302,917 shares of the company’s stock valued at $29,292,000 after purchasing an additional 6,944 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Stock Down 1.2%

Shares of VanEck Morningstar Wide Moat ETF stock opened at $106.26 on Friday. VanEck Morningstar Wide Moat ETF has a 52 week low of $94.07 and a 52 week high of $108.10. The business has a 50 day moving average price of $103.06 and a 200-day moving average price of $102.79. The company has a market cap of $14.35 billion, a PE ratio of 22.53 and a beta of 1.02.

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.