Cabot Wealth Management Inc. Invests $6.05 Million in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Cabot Wealth Management Inc. bought a new position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 62,395 shares of the company’s stock, valued at approximately $6,049,000.

Several other large investors have also recently modified their holdings of MOAT. RDA Financial Network grew its stake in VanEck Morningstar Wide Moat ETF by 1.8% during the third quarter. RDA Financial Network now owns 60,028 shares of the company’s stock valued at $5,820,000 after acquiring an additional 1,083 shares in the last quarter. TTP Investments Inc. grew its stake in VanEck Morningstar Wide Moat ETF by 10.7% during the third quarter. TTP Investments Inc. now owns 522,493 shares of the company’s stock valued at $50,656,000 after acquiring an additional 50,459 shares in the last quarter. NBC Securities Inc. grew its stake in VanEck Morningstar Wide Moat ETF by 5.7% during the third quarter. NBC Securities Inc. now owns 5,779 shares of the company’s stock valued at $560,000 after acquiring an additional 314 shares in the last quarter. Boomfish Wealth Group LLC grew its stake in VanEck Morningstar Wide Moat ETF by 3.0% during the third quarter. Boomfish Wealth Group LLC now owns 87,424 shares of the company’s stock valued at $8,476,000 after acquiring an additional 2,518 shares in the last quarter. Finally, Cornell Pochily Investment Advisors Inc. grew its stake in VanEck Morningstar Wide Moat ETF by 1.7% during the third quarter. Cornell Pochily Investment Advisors Inc. now owns 25,170 shares of the company’s stock valued at $2,440,000 after acquiring an additional 429 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Stock Performance

BATS:MOAT traded down $0.22 during mid-day trading on Tuesday, hitting $97.08. 603,601 shares of the stock traded hands. The firm’s 50-day moving average is $93.99 and its 200-day moving average is $89.66. The company has a market cap of $16.42 billion, a P/E 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.