Darrow Company Inc. Buys New Stake in VanEck Morningstar Wide Moat ETF $MOAT

Darrow Company Inc. bought a new position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT – Free Report) during the 3rd quarter, HoldingsChannel reports. The institutional investor bought 60,849 shares of the company’s stock, valued at approximately $6,432,000. VanEck Morningstar Wide Moat ETF makes up 2.6% of Darrow Company Inc.’s portfolio, making the stock its 16th biggest position.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Financial Solutions Advisory Group Inc. acquired a new position in VanEck Morningstar Wide Moat ETF in the 1st quarter valued at approximately $10,762,000. Tompkins Financial Corp bought a new position in shares of VanEck Morningstar Wide Moat ETF during the third quarter valued at $3,623,000. Money Concepts Capital Corp acquired a new position in shares of VanEck Morningstar Wide Moat ETF during the first quarter worth $3,818,000. Lotus Asset Management LLC acquired a new position in shares of VanEck Morningstar Wide Moat ETF during the second quarter worth $551,000. Finally, Winebrenner Capital Management LLC acquired a new position in shares of VanEck Morningstar Wide Moat ETF during the third quarter worth $1,242,000.

VanEck Morningstar Wide Moat ETF Stock Up 1.4%

Shares of VanEck Morningstar Wide Moat ETF stock opened at $113.11 on Friday. VanEck Morningstar Wide Moat ETF has a twelve month low of $94.07 and a twelve month high of $115.58. The stock has a market cap of $15.27 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02. The company’s fifty day moving average is $110.33 and its 200 day moving average is $105.95.

VanEck Morningstar Wide Moat ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for VanEck Morningstar Wide Moat ETF (BATS:MOAT)

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