Kraft Davis & Associates LLC Purchases 372 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Kraft Davis & Associates LLC boosted its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 1.0% during the 3rd quarter, Holdings Channel.com reports. The fund owned 38,099 shares of the company’s stock after buying an additional 372 shares during the quarter. VanEck Morningstar Wide Moat ETF comprises 1.1% of Kraft Davis & Associates LLC’s investment portfolio, making the stock its 27th largest holding. Kraft Davis & Associates LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $3,596,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of VanEck Morningstar Wide Moat ETF in the 2nd quarter valued at about $26,000. Mather Group LLC. bought a new position in VanEck Morningstar Wide Moat ETF in the second quarter valued at approximately $32,000. Pinnacle Financial Partners Inc grew its holdings in VanEck Morningstar Wide Moat ETF by 81.1% during the 3rd quarter. Pinnacle Financial Partners Inc now owns 373 shares of the company’s stock worth $36,000 after acquiring an additional 167 shares during the period. Fairman Group LLC bought a new stake in shares of VanEck Morningstar Wide Moat ETF during the 2nd quarter valued at $41,000. Finally, Cullen Frost Bankers Inc. acquired a new position in shares of VanEck Morningstar Wide Moat ETF in the 2nd quarter valued at $50,000.

VanEck Morningstar Wide Moat ETF Trading Down 0.1 %

Shares of VanEck Morningstar Wide Moat ETF stock opened at $94.93 on Wednesday. The business’s 50 day moving average is $95.92 and its two-hundred day moving average is $91.47. The firm has a market capitalization of $16.05 billion, a PE 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.