VanEck Morningstar Wide Moat ETF $MOAT Stock Position Boosted by James J. Burns & Company LLC
by Sarita Garza · The Markets DailyJames J. Burns & Company LLC boosted its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT – Free Report) by 5.6% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 182,613 shares of the company’s stock after purchasing an additional 9,627 shares during the quarter. VanEck Morningstar Wide Moat ETF makes up approximately 2.4% of James J. Burns & Company LLC’s investment portfolio, making the stock its 9th largest holding. James J. Burns & Company LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $17,659,000 at the end of the most recent reporting period.
Several other hedge funds have also modified their holdings of MOAT. Balance Wealth LLC lifted its position in VanEck Morningstar Wide Moat ETF by 102.7% during the fourth quarter. Balance Wealth LLC now owns 11,830 shares of the company’s stock valued at $1,225,000 after acquiring an additional 5,995 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its holdings in VanEck Morningstar Wide Moat ETF by 1,690.5% in the third quarter. Mercer Global Advisors Inc. ADV now owns 794,616 shares of the company’s stock worth $78,727,000 after purchasing an additional 750,236 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC purchased a new position in VanEck Morningstar Wide Moat ETF in the fourth quarter worth $2,195,000. Boston Family Office LLC increased its position in shares of VanEck Morningstar Wide Moat ETF by 14.2% during the fourth quarter. Boston Family Office LLC now owns 66,197 shares of the company’s stock worth $6,855,000 after purchasing an additional 8,218 shares in the last quarter. Finally, Savvy Advisors Inc. increased its position in shares of VanEck Morningstar Wide Moat ETF by 500.5% during the fourth quarter. Savvy Advisors Inc. now owns 24,310 shares of the company’s stock worth $2,518,000 after purchasing an additional 20,262 shares in the last quarter.
VanEck Morningstar Wide Moat ETF Trading Down 1.1%
Shares of MOAT opened at $100.99 on Tuesday. VanEck Morningstar Wide Moat ETF has a 12 month low of $90.07 and a 12 month high of $108.10. The stock has a fifty day moving average price of $101.46 and a 200-day moving average price of $102.77. The firm has a market cap of $13.63 billion, a PE ratio of 22.53 and a beta of 1.02.
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. MOAT was launched on Apr 25, 2012 and is managed by VanEck.
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