VanEck Morningstar Wide Moat ETF (BATS:MOAT) Shares Purchased by Endowment Wealth Management Inc.

Endowment Wealth Management Inc. grew its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 10.1% in the third quarter, HoldingsChannel reports. The fund owned 18,653 shares of the company’s stock after buying an additional 1,711 shares during the period. VanEck Morningstar Wide Moat ETF makes up about 1.2% of Endowment Wealth Management Inc.’s portfolio, making the stock its 23rd largest holding. Endowment Wealth Management Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $1,808,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of MOAT. Fairscale Capital LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF in the second quarter valued at approximately $473,000. Goepper Burkhardt LLC raised its stake in shares of VanEck Morningstar Wide Moat ETF by 8.3% in the 2nd quarter. Goepper Burkhardt LLC now owns 50,887 shares of the company’s stock worth $4,407,000 after buying an additional 3,905 shares in the last quarter. TPG Advisors LLC acquired a new stake in shares of VanEck Morningstar Wide Moat ETF in the second quarter valued at $7,572,000. Castleview Partners LLC raised its position in VanEck Morningstar Wide Moat ETF by 1.6% in the third quarter. Castleview Partners LLC now owns 15,487 shares of the company’s stock worth $1,501,000 after acquiring an additional 250 shares in the last quarter. Finally, Focus Financial Network Inc. lifted its holdings in VanEck Morningstar Wide Moat ETF by 3.0% in the 3rd quarter. Focus Financial Network Inc. now owns 24,453 shares of the company’s stock valued at $2,371,000 after acquiring an additional 703 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of MOAT opened at $97.38 on Thursday. The stock has a 50-day simple moving average of $95.80 and a 200 day simple moving average of $91.17. The firm has a market cap of $16.47 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.