World Investment Advisors LLC Buys Shares of 68,548 VanEck Morningstar Wide Moat ETF (BATS:MOAT)

World Investment Advisors LLC purchased a new position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 68,548 shares of the company’s stock, valued at approximately $6,646,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in MOAT. Red Mountain Financial LLC grew its stake in shares of VanEck Morningstar Wide Moat ETF by 4.2% in the 3rd quarter. Red Mountain Financial LLC now owns 2,617 shares of the company’s stock worth $254,000 after purchasing an additional 105 shares during the last quarter. Schaper Benz & Wise Investment Counsel Inc. WI grew its position in VanEck Morningstar Wide Moat ETF by 1.2% in the third quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 8,935 shares of the company’s stock worth $866,000 after acquiring an additional 110 shares in the last quarter. Waddell & Associates LLC increased its stake in shares of VanEck Morningstar Wide Moat ETF by 4.9% during the 3rd quarter. Waddell & Associates LLC now owns 2,538 shares of the company’s stock worth $246,000 after purchasing an additional 119 shares during the last quarter. Colonial River Investments LLC lifted its stake in shares of VanEck Morningstar Wide Moat ETF by 2.9% in the 3rd quarter. Colonial River Investments LLC now owns 4,288 shares of the company’s stock valued at $416,000 after purchasing an additional 120 shares during the last quarter. Finally, Axxcess Wealth Management LLC raised its holdings in VanEck Morningstar Wide Moat ETF by 2.9% in the 3rd quarter. Axxcess Wealth Management LLC now owns 4,288 shares of the company’s stock worth $416,000 after acquiring an additional 120 shares during the period.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of MOAT stock opened at $97.76 on Friday. The company has a market capitalization of $16.53 billion, a PE ratio of 28.30 and a beta of 1.01. The business has a 50 day moving average price of $96.81 and a two-hundred day moving average price of $92.55.

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.