Larson Financial Group LLC Raises Stock Position in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Larson Financial Group LLC grew its stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 19.5% in the third quarter, Holdings Channel.com reports. The institutional investor owned 18,419 shares of the company’s stock after buying an additional 3,006 shares during the quarter. Larson Financial Group LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $1,786,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. LPL Financial LLC lifted its holdings in shares of VanEck Morningstar Wide Moat ETF by 8.4% in the 3rd quarter. LPL Financial LLC now owns 7,877,723 shares of the company’s stock worth $763,745,000 after acquiring an additional 613,683 shares during the last quarter. Cetera Investment Advisers grew its position in shares of VanEck Morningstar Wide Moat ETF by 675.1% in the 1st quarter. Cetera Investment Advisers now owns 655,462 shares of the company’s stock worth $58,926,000 after buying an additional 570,901 shares during the period. Redhawk Wealth Advisors Inc. grew its position in shares of VanEck Morningstar Wide Moat ETF by 11,390.1% in the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 316,668 shares of the company’s stock worth $30,701,000 after buying an additional 313,912 shares during the period. Brookstone Capital Management grew its position in VanEck Morningstar Wide Moat ETF by 40.8% during the 2nd quarter. Brookstone Capital Management now owns 987,292 shares of the company’s stock valued at $88,461,000 after purchasing an additional 285,929 shares during the last quarter. Finally, Fiduciary Financial Group LLC purchased a new stake in VanEck Morningstar Wide Moat ETF during the 2nd quarter valued at about $17,311,000.

VanEck Morningstar Wide Moat ETF Stock Up 1.2 %

MOAT opened at $97.45 on Monday. The company has a market cap of $16.48 billion, a PE ratio of 28.30 and a beta of 1.01. The company’s 50-day moving average is $96.05 and its 200-day moving average is $91.67.

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.