Sugar Maple Asset Management LLC Has $5.33 Million Stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Sugar Maple Asset Management LLC increased its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 17.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 54,993 shares of the company’s stock after acquiring an additional 8,190 shares during the quarter. VanEck Morningstar Wide Moat ETF makes up 4.6% of Sugar Maple Asset Management LLC’s investment portfolio, making the stock its 7th largest position. Sugar Maple Asset Management LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $5,332,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of MOAT. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of VanEck Morningstar Wide Moat ETF during the second quarter valued at about $26,000. Mather Group LLC. purchased a new position in VanEck Morningstar Wide Moat ETF during the 2nd quarter valued at about $32,000. Pinnacle Financial Partners Inc raised its position in VanEck Morningstar Wide Moat ETF by 81.1% during the 3rd quarter. Pinnacle Financial Partners Inc now owns 373 shares of the company’s stock valued at $36,000 after purchasing an additional 167 shares during the last quarter. Fairman Group LLC purchased a new stake in VanEck Morningstar Wide Moat ETF in the 2nd quarter worth approximately $41,000. Finally, Cullen Frost Bankers Inc. bought a new stake in shares of VanEck Morningstar Wide Moat ETF in the 2nd quarter worth approximately $50,000.

VanEck Morningstar Wide Moat ETF Stock Down 1.8 %

MOAT opened at $94.69 on Friday. The stock has a market capitalization of $16.01 billion, a PE ratio of 28.30 and a beta of 1.01. The company’s 50-day simple moving average is $95.88 and its 200 day simple moving average is $91.30.

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.