Cornerstone Wealth Group LLC Acquires 3,889 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Cornerstone Wealth Group LLC lifted its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 7.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 58,882 shares of the company’s stock after purchasing an additional 3,889 shares during the period. Cornerstone Wealth Group LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $5,100,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of VanEck Morningstar Wide Moat ETF in the second quarter worth about $26,000. Mather Group LLC. purchased a new stake in shares of VanEck Morningstar Wide Moat ETF in the second quarter worth about $32,000. Salomon & Ludwin LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF in the first quarter valued at approximately $36,000. Cape Investment Advisory Inc. lifted its stake in VanEck Morningstar Wide Moat ETF by 93.8% in the 4th quarter. Cape Investment Advisory Inc. now owns 469 shares of the company’s stock worth $40,000 after purchasing an additional 227 shares in the last quarter. Finally, Global Trust Asset Management LLC grew its position in 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 worth $40,000 after buying an additional 200 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Trading Up 1.2 %

Shares of BATS MOAT traded up $1.11 during midday trading on Friday, hitting $93.94. 553,488 shares of the company’s stock were exchanged. The firm has a 50-day moving average price of $88.52 and a two-hundred day moving average price of $87.51. The stock has a market capitalization of $15.89 billion, a P/E ratio of 28.30 and a beta of 1.01.

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.