NewEdge Advisors LLC Has $15.07 Million Stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

NewEdge Advisors LLC grew its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 1.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 174,037 shares of the company’s stock after acquiring an additional 2,834 shares during the quarter. NewEdge Advisors LLC owned 0.10% of VanEck Morningstar Wide Moat ETF worth $15,073,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Gilbert & Cook Inc. increased its stake in shares of VanEck Morningstar Wide Moat ETF by 14.7% in the fourth quarter. Gilbert & Cook Inc. now owns 9,229 shares of the company’s stock valued at $783,000 after buying an additional 1,182 shares during the period. 9258 Wealth Management LLC increased its stake in shares of VanEck Morningstar Wide Moat ETF by 4.6% in the fourth quarter. 9258 Wealth Management LLC now owns 22,017 shares of the company’s stock valued at $1,869,000 after buying an additional 965 shares during the period. US Bancorp DE increased its stake in shares of VanEck Morningstar Wide Moat ETF by 4.0% in the fourth quarter. US Bancorp DE now owns 14,986 shares of the company’s stock valued at $1,272,000 after buying an additional 574 shares during the period. Commerce Bank acquired a new position in shares of VanEck Morningstar Wide Moat ETF in the fourth quarter valued at approximately $221,000. Finally, Advisory Services Network LLC acquired a new position in shares of VanEck Morningstar Wide Moat ETF in the fourth quarter valued at approximately $219,000.

VanEck Morningstar Wide Moat ETF Price Performance

VanEck Morningstar Wide Moat ETF stock opened at $96.87 on Monday. The firm has a 50-day moving average price of $92.55 and a 200 day moving average price of $89.06. The firm has a market capitalization of $16.38 billion, a P/E ratio of 28.30 and a beta of 1.01.

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.