Tactive Advisors LLC Makes New $3.19 Million Investment in VanEck Morningstar Wide Moat ETF $MOAT

Tactive Advisors LLC purchased a new position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 30,164 shares of the company’s stock, valued at approximately $3,189,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. RDA Financial Network boosted its holdings in VanEck Morningstar Wide Moat ETF by 0.4% in the second quarter. RDA Financial Network now owns 35,413 shares of the company’s stock valued at $3,682,000 after acquiring an additional 150 shares in the last quarter. Root Financial Partners LLC boosted its holdings in shares of VanEck Morningstar Wide Moat ETF by 1.6% during the 1st quarter. Root Financial Partners LLC now owns 9,799 shares of the company’s stock valued at $948,000 after acquiring an additional 152 shares during the last quarter. Blue Trust Inc. boosted its stake in shares of VanEck Morningstar Wide Moat ETF by 86.0% in the 1st quarter. Blue Trust Inc. now owns 398 shares of the company’s stock worth $39,000 after buying an additional 184 shares during the last quarter. World Investment Advisors lifted its stake in shares of VanEck Morningstar Wide Moat ETF by 1.3% in the 4th quarter. World Investment Advisors now owns 16,868 shares of the company’s stock worth $1,747,000 after purchasing an additional 211 shares during the period. Finally, Guardian Wealth Advisors LLC NC boosted its stake in shares of VanEck Morningstar Wide Moat ETF by 1.2% during the 4th quarter. Guardian Wealth Advisors LLC NC now owns 21,447 shares of the company’s stock worth $2,221,000 after acquiring an additional 248 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of MOAT traded up $0.30 during mid-day trading on Thursday, reaching $107.96. The stock had a trading volume of 159,017 shares, compared to its average volume of 845,064. The business has a fifty day moving average of $110.54 and a 200 day moving average of $104.87. The firm has a market cap of $14.57 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a 12 month low of $94.07 and a 12 month high of $115.58.

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.