Tanager Wealth Management LLP Acquires 3,165 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Tanager Wealth Management LLP boosted its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 0.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 446,266 shares of the company’s stock after acquiring an additional 3,165 shares during the quarter. VanEck Morningstar Wide Moat ETF accounts for approximately 5.8% of Tanager Wealth Management LLP’s investment portfolio, making the stock its 5th biggest holding. Tanager Wealth Management LLP owned 0.26% of VanEck Morningstar Wide Moat ETF worth $43,265,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Altus Wealth Group LLC lifted its stake in VanEck Morningstar Wide Moat ETF by 22.0% during the 3rd quarter. Altus Wealth Group LLC now owns 155,587 shares of the company’s stock valued at $15,084,000 after acquiring an additional 28,090 shares in the last quarter. Chris Bulman Inc lifted its position in shares of VanEck Morningstar Wide Moat ETF by 7.4% during the third quarter. Chris Bulman Inc now owns 39,158 shares of the company’s stock valued at $3,796,000 after purchasing an additional 2,702 shares in the last quarter. Saxony Capital Management LLC purchased a new position in VanEck Morningstar Wide Moat ETF during the third quarter worth about $202,000. Blossom Wealth Management grew its position in VanEck Morningstar Wide Moat ETF by 5.3% in the 3rd quarter. Blossom Wealth Management now owns 4,728 shares of the company’s stock worth $458,000 after purchasing an additional 239 shares in the last quarter. Finally, Calton & Associates Inc. bought a new stake in VanEck Morningstar Wide Moat ETF in the 3rd quarter worth about $718,000.

VanEck Morningstar Wide Moat ETF Stock Performance

VanEck Morningstar Wide Moat ETF stock opened at $96.40 on Thursday. The business’s 50 day moving average price is $95.10 and its 200 day moving average price is $90.08. The company has a market cap of $16.30 billion, a PE ratio of 28.30 and a beta of 1.01.

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.