VanEck Morningstar Wide Moat ETF (BATS:MOAT) Shares Acquired by TAP Consulting LLC

TAP Consulting LLC grew its stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 4.5% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 220,417 shares of the company’s stock after acquiring an additional 9,515 shares during the quarter. VanEck Morningstar Wide Moat ETF comprises approximately 4.0% of TAP Consulting LLC’s investment portfolio, making the stock its 2nd biggest position. TAP Consulting LLC owned about 0.13% of VanEck Morningstar Wide Moat ETF worth $19,090,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Mesirow Financial Investment Management Inc. purchased a new position in shares of VanEck Morningstar Wide Moat ETF during the 1st quarter worth $225,517,000. Commonwealth Equity Services LLC grew its holdings in shares of VanEck Morningstar Wide Moat ETF by 1.2% during the 2nd quarter. Commonwealth Equity Services LLC now owns 2,489,450 shares of the company’s stock worth $215,611,000 after purchasing an additional 30,142 shares during the period. Wells Fargo & Company MN grew its holdings in shares of VanEck Morningstar Wide Moat ETF by 14.3% during the 4th quarter. Wells Fargo & Company MN now owns 2,438,183 shares of the company’s stock worth $206,929,000 after purchasing an additional 305,404 shares during the period. Raymond James & Associates grew its holdings in shares of VanEck Morningstar Wide Moat ETF by 0.4% during the 2nd quarter. Raymond James & Associates now owns 2,378,268 shares of the company’s stock worth $205,982,000 after purchasing an additional 10,389 shares during the period. Finally, UBS Group AG grew its holdings in shares of VanEck Morningstar Wide Moat ETF by 71.7% during the 4th quarter. UBS Group AG now owns 1,922,189 shares of the company’s stock worth $163,136,000 after purchasing an additional 802,983 shares during the period.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of BATS MOAT traded down $0.77 during mid-day trading on Friday, reaching $93.15. 857,924 shares of the company’s stock were exchanged. The firm has a market capitalization of $15.75 billion, a price-to-earnings ratio of 28.30 and a beta of 1.01. The stock’s 50-day moving average is $90.24 and its 200-day moving average is $88.22.

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.