Cabot Wealth Management Inc. Acquires New Holdings in VanEck Morningstar Wide Moat ETF $MOAT

Cabot Wealth Management Inc. bought a new stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 165,945 shares of the company’s stock, valued at approximately $17,542,000. VanEck Morningstar Wide Moat ETF comprises approximately 1.6% of Cabot Wealth Management Inc.’s portfolio, making the stock its 18th biggest holding.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. BIP Wealth LLC increased its position in VanEck Morningstar Wide Moat ETF by 2.2% in the third quarter. BIP Wealth LLC now owns 7,052 shares of the company’s stock worth $745,000 after purchasing an additional 149 shares during the last quarter. RDA Financial Network raised its stake in VanEck Morningstar Wide Moat ETF by 0.4% during the second quarter. RDA Financial Network now owns 35,413 shares of the company’s stock valued at $3,682,000 after purchasing an additional 150 shares in the last quarter. Oak Barrel Wealth Advisory LLC lifted its position in VanEck Morningstar Wide Moat ETF by 3.4% during the third quarter. Oak Barrel Wealth Advisory LLC now owns 5,212 shares of the company’s stock valued at $551,000 after purchasing an additional 169 shares during the last quarter. Trust Co. of Vermont bought a new position in VanEck Morningstar Wide Moat ETF during the second quarter valued at $28,000. Finally, Y.D. More Investments Ltd lifted its position in VanEck Morningstar Wide Moat ETF by 62.2% during the first quarter. Y.D. More Investments Ltd now owns 730 shares of the company’s stock valued at $70,000 after purchasing an additional 280 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Stock Up 0.2%

Shares of BATS:MOAT opened at $117.18 on Thursday. VanEck Morningstar Wide Moat ETF has a 52 week low of $94.07 and a 52 week high of $118.52. The stock has a market capitalization of $12.26 billion, a P/E ratio of 22.24 and a beta of 0.97. The firm has a fifty day simple moving average of $110.46 and a two-hundred day simple moving average of $105.70.

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.