World Investment Advisors LLC Purchases New Shares in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

World Investment Advisors LLC bought a new position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor bought 68,548 shares of the company’s stock, valued at approximately $6,646,000.

Other institutional investors have also made changes to their positions in the company. Red Mountain Financial LLC grew its position in VanEck Morningstar Wide Moat ETF by 4.2% during the 3rd quarter. Red Mountain Financial LLC now owns 2,617 shares of the company’s stock worth $254,000 after purchasing an additional 105 shares in the last quarter. Schaper Benz & Wise Investment Counsel Inc. WI increased its holdings in shares of VanEck Morningstar Wide Moat ETF by 1.2% in the 3rd quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 8,935 shares of the company’s stock valued at $866,000 after purchasing an additional 110 shares during the period. Waddell & Associates LLC boosted its holdings in shares of VanEck Morningstar Wide Moat ETF by 4.9% during the third quarter. Waddell & Associates LLC now owns 2,538 shares of the company’s stock worth $246,000 after purchasing an additional 119 shares during the period. Colonial River Investments LLC boosted its holdings in shares of VanEck Morningstar Wide Moat ETF by 2.9% during the third quarter. Colonial River Investments LLC now owns 4,288 shares of the company’s stock worth $416,000 after purchasing an additional 120 shares during the period. Finally, Axxcess Wealth Management LLC increased its stake in VanEck Morningstar Wide Moat ETF by 2.9% in the 3rd quarter. Axxcess Wealth Management LLC now owns 4,288 shares of the company’s stock valued at $416,000 after buying an additional 120 shares during the period.

VanEck Morningstar Wide Moat ETF Stock Performance

VanEck Morningstar Wide Moat ETF stock opened at $97.76 on Friday. The firm’s 50 day moving average is $96.81 and its two-hundred day moving average is $92.55. The stock has a market cap of $16.53 billion, a PE ratio of 28.30 and a beta of 1.01.

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.