Assetmark Inc. Grows Stock Holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Assetmark Inc. raised its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 69.9% in the 3rd quarter, Holdings Channel reports. The fund owned 4,466 shares of the company’s stock after acquiring an additional 1,838 shares during the quarter. Assetmark Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $433,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of VanEck Morningstar Wide Moat ETF in the second quarter valued at about $26,000. Mather Group LLC. acquired a new stake in VanEck Morningstar Wide Moat ETF in the second quarter valued at about $32,000. Fairman Group LLC purchased a new stake in VanEck Morningstar Wide Moat ETF in the 2nd quarter valued at approximately $41,000. Cullen Frost Bankers Inc. purchased a new stake in VanEck Morningstar Wide Moat ETF in the 2nd quarter valued at approximately $50,000. Finally, Annapolis Financial Services LLC acquired a new position in VanEck Morningstar Wide Moat ETF during the 2nd quarter worth approximately $70,000.

VanEck Morningstar Wide Moat ETF Stock Down 1.8 %

MOAT opened at $94.69 on Friday. The firm has a market cap of $16.01 billion, a PE ratio of 28.30 and a beta of 1.01. The company has a 50 day simple moving average of $95.88 and a 200 day simple moving average of $91.30.

VanEck Morningstar Wide Moat ETF 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.