VanEck Morningstar Wide Moat ETF (BATS:MOAT) Stock Position Increased by Altus Wealth Group LLC

Altus Wealth Group LLC boosted its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 22.0% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 155,587 shares of the company’s stock after buying an additional 28,090 shares during the quarter. VanEck Morningstar Wide Moat ETF makes up approximately 6.4% of Altus Wealth Group LLC’s investment portfolio, making the stock its 2nd biggest holding. Altus Wealth Group LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $15,084,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of MOAT. Red Mountain Financial LLC increased its stake in VanEck Morningstar Wide Moat ETF by 4.2% in the third 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 period. Schaper Benz & Wise Investment Counsel Inc. WI increased its stake 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 purchasing an additional 110 shares during the period. Bleakley Financial Group LLC increased its stake in VanEck Morningstar Wide Moat ETF by 1.0% in the first quarter. Bleakley Financial Group LLC now owns 14,201 shares of the company’s stock worth $1,277,000 after purchasing an additional 134 shares during the period. SFG Wealth Management LLC. increased its stake in VanEck Morningstar Wide Moat ETF by 0.4% in the second quarter. SFG Wealth Management LLC. now owns 34,432 shares of the company’s stock worth $2,982,000 after purchasing an additional 146 shares during the period. Finally, Wintrust Investments LLC increased its stake in VanEck Morningstar Wide Moat ETF by 1.2% in the first quarter. Wintrust Investments LLC now owns 14,391 shares of the company’s stock worth $1,294,000 after purchasing an additional 164 shares during the period.

VanEck Morningstar Wide Moat ETF Stock Down 0.3 %

MOAT stock traded down $0.28 during midday trading on Wednesday, reaching $96.72. The company’s stock had a trading volume of 503,998 shares. The company’s 50-day moving average price is $94.99 and its two-hundred day moving average price is $90.03. The stock has a market cap of $16.36 billion, a price-to-earnings 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.