Cornerstone Wealth Management LLC Increases Stock Holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Cornerstone Wealth Management LLC boosted its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 16.6% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 14,870 shares of the company’s stock after purchasing an additional 2,121 shares during the period. Cornerstone Wealth Management LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $1,337,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Cape Investment Advisory Inc. lifted its position in shares of VanEck Morningstar Wide Moat ETF by 93.8% during the 4th quarter. Cape Investment Advisory Inc. now owns 469 shares of the company’s stock valued at $40,000 after buying an additional 227 shares in the last quarter. Global Trust Asset Management LLC lifted its position in shares of VanEck Morningstar Wide Moat ETF by 80.0% during the 1st quarter. Global Trust Asset Management LLC now owns 450 shares of the company’s stock valued at $40,000 after buying an additional 200 shares in the last quarter. Scarborough Advisors LLC purchased a new position in shares of VanEck Morningstar Wide Moat ETF during the 4th quarter valued at about $49,000. Jones Financial Companies Lllp purchased a new position in shares of VanEck Morningstar Wide Moat ETF during the 4th quarter valued at about $56,000. Finally, Pineridge Advisors LLC purchased a new position in shares of VanEck Morningstar Wide Moat ETF during the 4th quarter valued at about $60,000.

VanEck Morningstar Wide Moat ETF Trading Down 0.1 %

MOAT stock opened at $86.20 on Friday. The stock has a market cap of $14.58 billion, a PE ratio of 28.30 and a beta of 1.01. The company’s fifty day moving average is $87.05 and its 200-day moving average is $86.22.

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.