Kingswood Wealth Advisors LLC Acquires New Shares in VanEck Morningstar Wide Moat ETF $MOAT

Kingswood Wealth Advisors LLC acquired a new position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) during the third quarter, according to its most recent filing with the SEC. The firm acquired 15,425 shares of the company’s stock, valued at approximately $1,631,000.

Other hedge funds have also recently made changes to their positions in the company. Sigma Planning Corp purchased a new stake in VanEck Morningstar Wide Moat ETF in the third quarter worth $7,678,000. Trademark Financial Management LLC purchased a new position in VanEck Morningstar Wide Moat ETF during the 3rd quarter valued at $603,000. Swmg LLC purchased a new position in VanEck Morningstar Wide Moat ETF during the 3rd quarter valued at $878,000. Wolff Financial Management LLC purchased a new position in VanEck Morningstar Wide Moat ETF during the 3rd quarter valued at $215,000. Finally, Signaturefd LLC bought a new position in VanEck Morningstar Wide Moat ETF in the 3rd quarter worth $74,000.

VanEck Morningstar Wide Moat ETF Trading Down 0.6%

Shares of BATS MOAT opened at $111.31 on Wednesday. The firm has a fifty day simple moving average of $110.29 and a two-hundred day simple moving average of $105.27. VanEck Morningstar Wide Moat ETF has a 12 month low of $94.07 and a 12 month high of $115.58. The firm has a market capitalization of $15.03 billion, a PE ratio of 22.53 and a beta of 1.02.

About VanEck Morningstar Wide Moat ETF

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.