139,859 Shares in VanEck Morningstar Wide Moat ETF $MOAT Purchased by Joseph Group Capital Management

Joseph Group Capital Management purchased a new stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 139,859 shares of the company’s stock, valued at approximately $14,785,000. VanEck Morningstar Wide Moat ETF accounts for approximately 2.6% of Joseph Group Capital Management’s portfolio, making the stock its 9th biggest holding.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MOAT. Commonwealth Equity Services LLC purchased a new stake in shares of VanEck Morningstar Wide Moat ETF during the third quarter worth about $105,396,000. Royal Bank of Canada raised its position in shares of VanEck Morningstar Wide Moat ETF by 10.8% during the 1st quarter. Royal Bank of Canada now owns 833,825 shares of the company’s stock worth $80,630,000 after purchasing an additional 81,552 shares during the last quarter. Leelyn Smith LLC acquired a new position in shares of VanEck Morningstar Wide Moat ETF during the 3rd quarter worth about $57,004,000. Harbor Group Inc. purchased a new position in VanEck Morningstar Wide Moat ETF in the 3rd quarter valued at about $53,492,000. Finally, Whitaker Myers Wealth Managers LTD. lifted its stake in VanEck Morningstar Wide Moat ETF by 6.2% in the 2nd quarter. Whitaker Myers Wealth Managers LTD. now owns 430,701 shares of the company’s stock valued at $44,776,000 after buying an additional 25,230 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Trading Up 2.4%

Shares of VanEck Morningstar Wide Moat ETF stock opened at $116.99 on Tuesday. VanEck Morningstar Wide Moat ETF has a twelve month low of $94.07 and a twelve month high of $118.52. The firm has a market capitalization of $12.24 billion, a PE ratio of 22.24 and a beta of 0.97. The firm’s 50-day moving average price is $110.32 and its 200 day moving average price is $105.60.

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.