VanEck Morningstar Wide Moat ETF (BATS:MOAT) Shares Bought by Pekin Hardy Strauss Inc.

Pekin Hardy Strauss Inc. raised its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 11.6% during the 3rd quarter, Holdings Channel.com reports. The firm owned 5,545 shares of the company’s stock after acquiring an additional 575 shares during the period. Pekin Hardy Strauss Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $538,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. LPL Financial LLC boosted its stake in shares of VanEck Morningstar Wide Moat ETF by 8.4% in the third quarter. LPL Financial LLC now owns 7,877,723 shares of the company’s stock worth $763,745,000 after buying an additional 613,683 shares during the last quarter. Mesirow Financial Investment Management Inc. raised its position in VanEck Morningstar Wide Moat ETF by 3.6% during the third quarter. Mesirow Financial Investment Management Inc. now owns 2,641,655 shares of the company’s stock valued at $256,113,000 after acquiring an additional 91,428 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in VanEck Morningstar Wide Moat ETF by 1.2% in the second quarter. Commonwealth Equity Services LLC now owns 2,489,450 shares of the company’s stock valued at $215,611,000 after acquiring an additional 30,142 shares during the period. Raymond James & Associates boosted its position in VanEck Morningstar Wide Moat ETF by 0.3% in the 3rd quarter. Raymond James & Associates now owns 2,386,177 shares of the company’s stock worth $231,340,000 after purchasing an additional 7,909 shares in the last quarter. Finally, CWM LLC boosted its position in VanEck Morningstar Wide Moat ETF by 10.5% in the 3rd quarter. CWM LLC now owns 1,152,800 shares of the company’s stock worth $111,764,000 after purchasing an additional 109,394 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Stock Performance

BATS:MOAT opened at $97.45 on Monday. The company’s fifty day moving average price is $96.05 and its 200 day moving average price is $91.67. The stock has a market cap of $16.48 billion, a price-to-earnings ratio of 28.30 and a beta of 1.01.

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.