VanEck Morningstar Wide Moat ETF $MOAT is Beaumont Asset Management L.L.C.’s 2nd Largest Position

Beaumont Asset Management L.L.C. lessened its stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 13.1% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 186,512 shares of the company’s stock after selling 28,133 shares during the quarter. VanEck Morningstar Wide Moat ETF makes up about 8.1% of Beaumont Asset Management L.L.C.’s investment portfolio, making the stock its 2nd largest position. Beaumont Asset Management L.L.C.’s holdings in VanEck Morningstar Wide Moat ETF were worth $18,036,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brighton Jones LLC purchased a new stake in shares of VanEck Morningstar Wide Moat ETF in the fourth quarter valued at $528,000. AQR Capital Management LLC grew its stake in VanEck Morningstar Wide Moat ETF by 16.9% in the 1st quarter. AQR Capital Management LLC now owns 21,523 shares of the company’s stock worth $1,894,000 after acquiring an additional 3,107 shares in the last quarter. Goldman Sachs Group Inc. purchased a new position in shares of VanEck Morningstar Wide Moat ETF during the first quarter worth approximately $1,068,000. Jane Street Group LLC increased its holdings in VanEck Morningstar Wide Moat ETF by 125.3% during the 1st quarter. Jane Street Group LLC now owns 13,835 shares of the company’s stock worth $1,217,000 after purchasing an additional 7,693 shares during the period. Finally, First Trust Advisors LP raised its position in VanEck Morningstar Wide Moat ETF by 15.0% during the 2nd quarter. First Trust Advisors LP now owns 3,795 shares of the company’s stock valued at $356,000 after purchasing an additional 494 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Trading Up 0.9%

Shares of MOAT stock opened at $103.12 on Friday. VanEck Morningstar Wide Moat ETF has a twelve month low of $93.04 and a twelve month high of $108.10. The stock has a fifty day simple moving average of $101.66 and a two-hundred day simple moving average of $102.70. The stock has a market capitalization of $13.92 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02.

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