Tealwood Asset Management Inc. Makes New $227,000 Investment in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Tealwood Asset Management Inc. purchased a new stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) during the 3rd quarter, Holdings Channel reports. The firm purchased 2,343 shares of the company’s stock, valued at approximately $227,000.

A number of other hedge funds also recently made changes to their positions in MOAT. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in VanEck Morningstar Wide Moat ETF in the 2nd quarter valued at approximately $26,000. Mather Group LLC. acquired a new position in shares of VanEck Morningstar Wide Moat ETF during the second quarter valued at $32,000. Salomon & Ludwin LLC acquired a new position in shares of VanEck Morningstar Wide Moat ETF during the first quarter valued at $36,000. Global Trust Asset Management LLC raised its stake in shares of VanEck Morningstar Wide Moat ETF by 80.0% during the first quarter. Global Trust Asset Management LLC now owns 450 shares of the company’s stock valued at $40,000 after purchasing an additional 200 shares in the last quarter. Finally, Fairman Group LLC acquired a new stake in VanEck Morningstar Wide Moat ETF in the second quarter worth about $41,000.

VanEck Morningstar Wide Moat ETF Trading Down 0.6 %

VanEck Morningstar Wide Moat ETF stock traded down $0.58 during trading hours on Tuesday, hitting $95.43. 766,241 shares of the company traded hands. The company has a market cap of $16.14 billion, a price-to-earnings ratio of 28.30 and a beta of 1.01. The firm’s fifty day moving average price is $93.36 and its 200-day moving average price is $89.40.

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.