Stonebridge Financial Group LLC MO Acquires New Shares in VanEck Morningstar Wide Moat ETF $MOAT

Stonebridge Financial Group LLC MO acquired a new stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 31,131 shares of the company’s stock, valued at approximately $3,224,000. VanEck Morningstar Wide Moat ETF accounts for about 2.8% of Stonebridge Financial Group LLC MO’s investment portfolio, making the stock its 7th biggest holding.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Arkadios Wealth Advisors boosted its position in VanEck Morningstar Wide Moat ETF by 2.3% during the 3rd quarter. Arkadios Wealth Advisors now owns 4,443 shares of the company’s stock valued at $440,000 after purchasing an additional 101 shares during the period. Western Pacific Wealth Management LP boosted its position in VanEck Morningstar Wide Moat ETF by 1.7% during the 4th quarter. Western Pacific Wealth Management LP now owns 6,983 shares of the company’s stock valued at $723,000 after purchasing an additional 116 shares during the period. Sagespring Wealth Partners LLC boosted its position in VanEck Morningstar Wide Moat ETF by 3.4% during the 4th quarter. Sagespring Wealth Partners LLC now owns 3,597 shares of the company’s stock valued at $372,000 after purchasing an additional 117 shares during the period. MGO One Seven LLC boosted its position in VanEck Morningstar Wide Moat ETF by 3.7% during the 3rd quarter. MGO One Seven LLC now owns 3,674 shares of the company’s stock valued at $364,000 after purchasing an additional 132 shares during the period. Finally, Warner Financial Inc. boosted its position in VanEck Morningstar Wide Moat ETF by 1.2% during the 4th quarter. Warner Financial Inc. now owns 11,305 shares of the company’s stock valued at $1,171,000 after purchasing an additional 132 shares during the period.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of VanEck Morningstar Wide Moat ETF stock opened at $99.92 on Wednesday. The business’s fifty day moving average price is $99.72 and its two-hundred day moving average price is $102.61. The company has a market capitalization of $13.49 billion, a P/E ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a 1-year low of $87.68 and a 1-year high of $108.10.

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. MOAT was launched on Apr 25, 2012 and is managed by VanEck.