New Century Financial Group LLC Buys 12,818 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

New Century Financial Group LLC boosted its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 476.0% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,511 shares of the company’s stock after buying an additional 12,818 shares during the period. VanEck Morningstar Wide Moat ETF makes up about 1.0% of New Century Financial Group LLC’s investment portfolio, making the stock its 17th largest holding. New Century Financial Group LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $1,394,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MOAT. MONECO Advisors LLC boosted its stake in shares of VanEck Morningstar Wide Moat ETF by 4.4% in the 4th quarter. MONECO Advisors LLC now owns 3,502 shares of the company’s stock worth $297,000 after buying an additional 146 shares during the last quarter. National Bank of Canada FI boosted its stake in shares of VanEck Morningstar Wide Moat ETF by 1.0% in the 4th quarter. National Bank of Canada FI now owns 16,569 shares of the company’s stock worth $1,402,000 after buying an additional 166 shares during the last quarter. Belpointe Asset Management LLC lifted its position in VanEck Morningstar Wide Moat ETF by 2.2% during the fourth quarter. Belpointe Asset Management LLC now owns 8,219 shares of the company’s stock valued at $698,000 after purchasing an additional 180 shares in the last quarter. Cornerstone Wealth Group LLC lifted its position in VanEck Morningstar Wide Moat ETF by 0.3% during the first quarter. Cornerstone Wealth Group LLC now owns 54,993 shares of the company’s stock valued at $4,944,000 after purchasing an additional 190 shares in the last quarter. Finally, Valmark Advisers Inc. lifted its position in VanEck Morningstar Wide Moat ETF by 7.2% during the fourth quarter. Valmark Advisers Inc. now owns 2,902 shares of the company’s stock valued at $246,000 after purchasing an additional 194 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Stock Down 0.1 %

BATS MOAT traded down $0.06 on Thursday, hitting $86.20. 377,978 shares of the company traded hands. The firm has a market cap of $14.58 billion, a P/E ratio of 28.30 and a beta of 1.01. The business has a 50-day simple moving average of $87.03 and a 200 day simple moving average of $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.