Foguth Wealth Management LLC. Purchases 52,893 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Foguth Wealth Management LLC. boosted its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 51.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 156,348 shares of the company’s stock after buying an additional 52,893 shares during the quarter. VanEck Morningstar Wide Moat ETF makes up about 5.4% of Foguth Wealth Management LLC.’s holdings, making the stock its 4th biggest position. Foguth Wealth Management LLC.’s holdings in VanEck Morningstar Wide Moat ETF were worth $14,941,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. acquired a new position in VanEck Morningstar Wide Moat ETF in the 2nd quarter valued at $26,000. Mather Group LLC. acquired a new position in VanEck Morningstar Wide Moat ETF in the 2nd quarter valued at $32,000. Salomon & Ludwin LLC acquired a new position in VanEck Morningstar Wide Moat ETF in the 1st quarter valued at $36,000. Global Trust Asset Management LLC grew its stake in VanEck Morningstar Wide Moat ETF by 80.0% in 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 during the last quarter. Finally, Fairman Group LLC acquired a new position in VanEck Morningstar Wide Moat ETF in the 2nd quarter valued at $41,000.

VanEck Morningstar Wide Moat ETF Price Performance

BATS:MOAT traded down $0.36 during midday trading on Friday, reaching $95.71. The stock had a trading volume of 626,245 shares. The business has a fifty day moving average price of $93.65 and a two-hundred day moving average price of $89.54. The firm has a market capitalization of $16.18 billion, a PE 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.