Fmr LLC Grows Holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Fmr LLC lifted its stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 8.6% during the third quarter, HoldingsChannel reports. The firm owned 31,533 shares of the company’s stock after purchasing an additional 2,496 shares during the period. Fmr LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $3,057,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the stock. LPL Financial LLC grew its stake in VanEck Morningstar Wide Moat ETF by 8.4% in the third quarter. LPL Financial LLC now owns 7,877,723 shares of the company’s stock worth $763,745,000 after purchasing an additional 613,683 shares in the last quarter. Mesirow Financial Investment Management Inc. grew its position in shares of VanEck Morningstar Wide Moat ETF by 3.6% during the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 2,641,655 shares of the company’s stock worth $256,113,000 after buying an additional 91,428 shares in the last quarter. Commonwealth Equity Services LLC increased its stake in shares of VanEck Morningstar Wide Moat ETF by 1.2% during the second quarter. Commonwealth Equity Services LLC now owns 2,489,450 shares of the company’s stock valued at $215,611,000 after buying an additional 30,142 shares during the period. Raymond James & Associates raised its holdings in shares of VanEck Morningstar Wide Moat ETF by 0.3% in the third quarter. Raymond James & Associates now owns 2,386,177 shares of the company’s stock valued at $231,340,000 after acquiring an additional 7,909 shares in the last quarter. Finally, CWM LLC lifted its stake in VanEck Morningstar Wide Moat ETF by 10.5% in the third quarter. CWM LLC now owns 1,152,800 shares of the company’s stock worth $111,764,000 after acquiring an additional 109,394 shares during the period.

VanEck Morningstar Wide Moat ETF Stock Down 0.6 %

BATS MOAT opened at $97.22 on Friday. The firm’s 50 day simple moving average is $96.84 and its 200-day simple moving average is $92.65. The stock has a market cap of $16.44 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.