XML Financial LLC Raises Stock Holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

XML Financial LLC boosted its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 155.8% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,110 shares of the company’s stock after purchasing an additional 4,940 shares during the quarter. XML Financial LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $729,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Salomon & Ludwin LLC purchased a new position in VanEck Morningstar Wide Moat ETF during the first quarter worth approximately $36,000. Global Trust Asset Management LLC lifted its position in shares of VanEck Morningstar Wide Moat ETF by 80.0% in the first quarter. Global Trust Asset Management LLC now owns 450 shares of the company’s stock valued at $40,000 after acquiring an additional 200 shares in the last quarter. Cape Investment Advisory Inc. lifted its position in shares of VanEck Morningstar Wide Moat ETF by 93.8% in the fourth quarter. Cape Investment Advisory Inc. now owns 469 shares of the company’s stock valued at $40,000 after acquiring an additional 227 shares in the last quarter. Clearstead Trust LLC purchased a new position in shares of VanEck Morningstar Wide Moat ETF in the first quarter valued at approximately $45,000. Finally, Sage Mountain Advisors LLC purchased a new position in shares of VanEck Morningstar Wide Moat ETF in the first quarter valued at approximately $50,000.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of BATS MOAT traded down $0.83 during midday trading on Thursday, hitting $90.45. The stock had a trading volume of 786,282 shares. The firm has a market capitalization of $15.30 billion, a P/E ratio of 28.30 and a beta of 1.01. The company’s 50-day simple moving average is $87.38 and its 200 day simple moving average is $86.82.

VanEck Morningstar Wide Moat ETF Company 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.