New England Private Wealth Advisors LLC Boosts Stock Position in VanEck Morningstar Wide Moat ETF $MOAT

New England Private Wealth Advisors LLC lifted its position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 184.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 510,560 shares of the company’s stock after buying an additional 331,044 shares during the quarter. VanEck Morningstar Wide Moat ETF makes up 3.1% of New England Private Wealth Advisors LLC’s holdings, making the stock its 5th largest holding. New England Private Wealth Advisors LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $53,268,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in MOAT. TD Waterhouse Canada Inc. bought a new position in shares of VanEck Morningstar Wide Moat ETF during the 3rd quarter worth $26,000. First Horizon Corp bought a new position in shares of VanEck Morningstar Wide Moat ETF during the 4th quarter worth $31,000. Harbor Investment Advisory LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF during the 4th quarter worth $33,000. Paladin Advisory Group LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF during the 3rd quarter worth $34,000. Finally, IAG Wealth Partners LLC grew its position in shares of VanEck Morningstar Wide Moat ETF by 228.7% during the 3rd quarter. IAG Wealth Partners LLC now owns 378 shares of the company’s stock worth $37,000 after buying an additional 263 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Trading Up 1.0%

MOAT opened at $102.24 on Friday. VanEck Morningstar Wide Moat ETF has a 12-month low of $87.68 and a 12-month high of $108.10. The business’s fifty day simple moving average is $99.21 and its 200-day simple moving average is $102.52. The company has a market capitalization of $13.80 billion, a price-to-earnings 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.