Pineridge Advisors LLC Invests $60,000 in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Pineridge Advisors LLC purchased a new stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 710 shares of the company’s stock, valued at approximately $60,000.

A number of other large investors have also recently added to or reduced their stakes in MOAT. MONECO Advisors LLC grew its position in shares of VanEck Morningstar Wide Moat ETF by 4.4% in the 4th quarter. MONECO Advisors LLC now owns 3,502 shares of the company’s stock worth $297,000 after acquiring an additional 146 shares in the last quarter. National Bank of Canada FI boosted its holdings in VanEck Morningstar Wide Moat ETF by 1.0% in the fourth quarter. National Bank of Canada FI now owns 16,569 shares of the company’s stock worth $1,402,000 after purchasing an additional 166 shares during the period. Belpointe Asset Management LLC increased its stake in VanEck Morningstar Wide Moat ETF by 2.2% during the fourth quarter. Belpointe Asset Management LLC now owns 8,219 shares of the company’s stock valued at $698,000 after purchasing an additional 180 shares during the last quarter. Valmark Advisers Inc. raised its holdings in shares of VanEck Morningstar Wide Moat ETF by 7.2% during the fourth quarter. Valmark Advisers Inc. now owns 2,902 shares of the company’s stock worth $246,000 after purchasing an additional 194 shares during the period. Finally, Cape Investment Advisory Inc. lifted its position in shares of VanEck Morningstar Wide Moat ETF by 93.8% in the 4th quarter. Cape Investment Advisory Inc. now owns 469 shares of the company’s stock worth $40,000 after buying an additional 227 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Stock Down 0.3 %

Shares of BATS:MOAT traded down $0.23 during trading on Friday, hitting $85.72. 869,167 shares of the company traded hands. The company has a market capitalization of $14.50 billion, a PE ratio of 28.30 and a beta of 1.01. The stock has a 50 day simple moving average of $86.83 and a two-hundred day simple moving average of $85.70.

VanEck Morningstar Wide Moat ETF 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.