VanEck Morningstar Wide Moat ETF $MOAT Shares Newly Bought by Sierra Ocean LLC

Sierra Ocean LLC acquired a new stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 12,857 shares of the company’s stock, valued at approximately $1,359,000. VanEck Morningstar Wide Moat ETF makes up about 0.8% of Sierra Ocean LLC’s investment portfolio, making the stock its 20th largest position.

Several other hedge funds also recently made changes to their positions in MOAT. Parallel Advisors LLC acquired a new position in VanEck Morningstar Wide Moat ETF in the third quarter worth approximately $305,000. Merkkuri Wealth Advisors LLC acquired a new stake in shares of VanEck Morningstar Wide Moat ETF during the 3rd quarter valued at $537,000. Employees Retirement Fund of the City of Fort Worth acquired a new stake in shares of VanEck Morningstar Wide Moat ETF during the 3rd quarter valued at $7,936,000. Asset Dedication LLC acquired a new stake in shares of VanEck Morningstar Wide Moat ETF during the 3rd quarter valued at $557,000. Finally, United Advisor Group LLC bought a new stake in shares of VanEck Morningstar Wide Moat ETF during the 3rd quarter worth $679,000.

VanEck Morningstar Wide Moat ETF Stock Down 0.6%

Shares of BATS MOAT opened at $114.26 on Friday. The stock has a market capitalization of $11.95 billion, a price-to-earnings ratio of 22.24 and a beta of 0.97. The stock’s fifty day simple moving average is $110.28 and its 200 day simple moving average is $105.55. VanEck Morningstar Wide Moat ETF has a 52-week low of $94.07 and a 52-week high of $118.52.

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.