Royal Bank of Canada boosted its stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT – Free Report) by 10.8% during the 1st quarter, HoldingsChannel.com reports. The fund owned 833,825 shares of the company’s stock after acquiring an additional 81,552 shares during the period. Royal Bank of Canada’s holdings in VanEck Morningstar Wide Moat ETF were worth $80,630,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. MBM Wealth Consultants LLC bought a new position in VanEck Morningstar Wide Moat ETF during the 1st quarter worth approximately $25,000. Mcguire Capital Advisors Inc. bought a new stake in shares of VanEck Morningstar Wide Moat ETF in the 4th quarter valued at $29,000. First Horizon Corp bought a new stake in shares of VanEck Morningstar Wide Moat ETF in the 4th quarter valued at $31,000. Russell Investments Group Ltd. increased its position in shares of VanEck Morningstar Wide Moat ETF by 60.9% during the fourth quarter. Russell Investments Group Ltd. now owns 296 shares of the company’s stock worth $31,000 after buying an additional 112 shares during the period. Finally, Empowered Funds LLC acquired a new stake in shares of VanEck Morningstar Wide Moat ETF during the fourth quarter worth $32,000.
VanEck Morningstar Wide Moat ETF Stock Up 0.2%
Shares of BATS MOAT opened at $108.08 on Friday. VanEck Morningstar Wide Moat ETF has a twelve month low of $94.07 and a twelve month high of $109.24. The firm has a fifty day simple moving average of $104.24 and a 200 day simple moving average of $102.89. The company has a market capitalization of $14.59 billion, a PE 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.
Recommended Stories
- Five stocks we like better than VanEck Morningstar Wide Moat ETF
- Chevron’s Strong Quarter Shows Why It Still Leads the Energy Sector
- Amazon’s Earnings Beat Shows Why AWS Is Back at the Center of the Bull Case
- Apple’s Record Quarter Could Not Outrun Its Guidance Problem
- McKesson’s Compounding Keeps Adding Up
Want to see what other hedge funds are holding MOAT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Morningstar Wide Moat ETF (BATS:MOAT – Free Report).
Receive News & Ratings for VanEck Morningstar Wide Moat ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Morningstar Wide Moat ETF and related companies with MarketBeat.com's FREE daily email newsletter.
