Thoroughbred Financial Services LLC Acquires 15,355 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Thoroughbred Financial Services LLC boosted its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 13.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 127,632 shares of the company’s stock after purchasing an additional 15,355 shares during the quarter. VanEck Morningstar Wide Moat ETF comprises approximately 0.7% of Thoroughbred Financial Services LLC’s holdings, making the stock its 26th largest position. Thoroughbred Financial Services LLC owned about 0.08% of VanEck Morningstar Wide Moat ETF worth $11,054,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of VanEck Morningstar Wide Moat ETF during the second quarter valued at about $26,000. Mather Group LLC. bought a new position in VanEck Morningstar Wide Moat ETF during the second quarter valued at about $32,000. Salomon & Ludwin LLC acquired a new position in VanEck Morningstar Wide Moat ETF in the 1st quarter valued at approximately $36,000. Cape Investment Advisory Inc. lifted its position in shares of 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 acquiring an additional 227 shares during the period. Finally, Global Trust Asset Management LLC grew its holdings in shares of VanEck Morningstar Wide Moat ETF by 80.0% during the 1st quarter. Global Trust Asset Management LLC now owns 450 shares of the company’s stock worth $40,000 after purchasing an additional 200 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Trading Up 0.6 %

MOAT opened at $94.65 on Friday. The company’s 50-day moving average price is $91.03 and its 200 day moving average price is $88.48. The company has a market capitalization of $16.01 billion, a PE 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.