First Horizon Advisors Inc. Increases Stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

First Horizon Advisors Inc. raised its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 3.1% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 6,321 shares of the company’s stock after acquiring an additional 193 shares during the quarter. First Horizon Advisors Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $613,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Fairscale Capital LLC acquired a new position in VanEck Morningstar Wide Moat ETF during the 2nd quarter worth $473,000. Goepper Burkhardt LLC boosted its stake in shares of VanEck Morningstar Wide Moat ETF by 8.3% in the 2nd quarter. Goepper Burkhardt LLC now owns 50,887 shares of the company’s stock valued at $4,407,000 after buying an additional 3,905 shares during the period. TPG Advisors LLC acquired a new position in shares of VanEck Morningstar Wide Moat ETF during the second quarter worth about $7,572,000. Castleview Partners LLC increased its stake in shares of VanEck Morningstar Wide Moat ETF by 1.6% during the third quarter. Castleview Partners LLC now owns 15,487 shares of the company’s stock worth $1,501,000 after buying an additional 250 shares during the period. Finally, Focus Financial Network Inc. increased its stake in shares of VanEck Morningstar Wide Moat ETF by 3.0% during the third quarter. Focus Financial Network Inc. now owns 24,453 shares of the company’s stock worth $2,371,000 after buying an additional 703 shares during the period.

VanEck Morningstar Wide Moat ETF Stock Up 1.0 %

Shares of VanEck Morningstar Wide Moat ETF stock opened at $96.33 on Friday. The stock has a market capitalization of $16.29 billion, a P/E ratio of 28.30 and a beta of 1.01. The business has a 50-day moving average price of $95.99 and a 200 day moving average price of $91.53.

VanEck Morningstar Wide Moat ETF 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.