Founders Financial Securities LLC Increases Stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Founders Financial Securities LLC raised its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 15.1% during the 1st quarter, Holdings Channel.com reports. The firm owned 7,195 shares of the company’s stock after acquiring an additional 943 shares during the quarter. Founders Financial Securities LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $647,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cozad Asset Management Inc. boosted its holdings in VanEck Morningstar Wide Moat ETF by 58.9% in the 4th quarter. Cozad Asset Management Inc. now owns 11,609 shares of the company’s stock worth $985,000 after buying an additional 4,305 shares during the period. Hudson Value Partners LLC grew its position in shares of VanEck Morningstar Wide Moat ETF by 5.9% in the fourth quarter. Hudson Value Partners LLC now owns 10,694 shares of the company’s stock valued at $908,000 after purchasing an additional 597 shares in the last quarter. United Community Bank bought a new stake in shares of VanEck Morningstar Wide Moat ETF during the 4th quarter valued at $345,000. Scotia Capital Inc. lifted its holdings in VanEck Morningstar Wide Moat ETF by 9.8% during the 3rd quarter. Scotia Capital Inc. now owns 8,506 shares of the company’s stock worth $646,000 after purchasing an additional 762 shares in the last quarter. Finally, Raymond James & Associates boosted its stake in VanEck Morningstar Wide Moat ETF by 7.8% in the 4th quarter. Raymond James & Associates now owns 2,271,276 shares of the company’s stock worth $192,763,000 after purchasing an additional 164,926 shares during the period.

VanEck Morningstar Wide Moat ETF Stock Down 0.4 %

MOAT stock traded down $0.34 during mid-day trading on Friday, reaching $86.61. 757,756 shares of the company traded hands. The stock has a market capitalization of $14.65 billion, a P/E ratio of 28.30 and a beta of 1.01. The company has a 50-day moving average price of $87.00 and a two-hundred day moving average price of $86.16.

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.