Sunpointe LLC Purchases 5,513 Shares of VanEck Morningstar Wide Moat ETF $MOAT

Sunpointe LLC boosted its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 11.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 52,225 shares of the company’s stock after acquiring an additional 5,513 shares during the quarter. VanEck Morningstar Wide Moat ETF accounts for 1.9% of Sunpointe LLC’s holdings, making the stock its 10th largest holding. Sunpointe LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $5,176,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Aptus Capital Advisors LLC grew its position in VanEck Morningstar Wide Moat ETF by 1.3% in the third quarter. Aptus Capital Advisors LLC now owns 21,220 shares of the company’s stock valued at $2,103,000 after acquiring an additional 262 shares during the last quarter. Walled Lake Planning & Wealth Management LLC lifted its holdings in shares of VanEck Morningstar Wide Moat ETF by 2.4% in the third quarter. Walled Lake Planning & Wealth Management LLC now owns 8,383 shares of the company’s stock worth $831,000 after acquiring an additional 194 shares during the last quarter. Perennial Investment Advisors LLC boosted its stake in shares of VanEck Morningstar Wide Moat ETF by 1.7% in the 3rd quarter. Perennial Investment Advisors LLC now owns 13,746 shares of the company’s stock valued at $1,362,000 after purchasing an additional 232 shares in the last quarter. Smith Moore & CO. boosted its stake in shares of VanEck Morningstar Wide Moat ETF by 1.8% in the 3rd quarter. Smith Moore & CO. now owns 54,836 shares of the company’s stock valued at $5,435,000 after purchasing an additional 953 shares in the last quarter. Finally, Mengis Capital Management Inc. increased its position in VanEck Morningstar Wide Moat ETF by 4.7% during the 3rd quarter. Mengis Capital Management Inc. now owns 58,445 shares of the company’s stock worth $5,793,000 after purchasing an additional 2,627 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Stock Performance

BATS MOAT opened at $103.79 on Friday. The firm’s fifty day moving average price is $105.72 and its two-hundred day moving average price is $102.48. The stock has a market cap of $14.01 billion, a PE ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a fifty-two week low of $75.43 and a fifty-two week high of $108.10.

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.