Acorn Wealth Advisors LLC Has $8.71 Million Stock Position in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Acorn Wealth Advisors LLC increased its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 3.9% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 89,863 shares of the company’s stock after acquiring an additional 3,397 shares during the quarter. VanEck Morningstar Wide Moat ETF comprises approximately 3.7% of Acorn Wealth Advisors LLC’s holdings, making the stock its 3rd biggest position. Acorn Wealth Advisors LLC owned about 0.05% of VanEck Morningstar Wide Moat ETF worth $8,712,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of MOAT. Fairscale Capital LLC purchased a new position in VanEck Morningstar Wide Moat ETF during the 2nd quarter valued at approximately $473,000. Goepper Burkhardt LLC increased its position in VanEck Morningstar Wide Moat ETF by 8.3% in the second quarter. Goepper Burkhardt LLC now owns 50,887 shares of the company’s stock worth $4,407,000 after purchasing an additional 3,905 shares during the last quarter. TPG Advisors LLC purchased a new stake in VanEck Morningstar Wide Moat ETF during the second quarter valued at $7,572,000. Castleview Partners LLC raised its position in shares of VanEck Morningstar Wide Moat ETF by 1.6% during the 3rd quarter. Castleview Partners LLC now owns 15,487 shares of the company’s stock valued at $1,501,000 after buying an additional 250 shares in the last quarter. Finally, Focus Financial Network Inc. lifted its stake in shares of VanEck Morningstar Wide Moat ETF by 3.0% in the 3rd quarter. Focus Financial Network Inc. now owns 24,453 shares of the company’s stock valued at $2,371,000 after purchasing an additional 703 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Stock Up 1.2 %

Shares of BATS MOAT traded up $1.12 during trading hours on Monday, hitting $97.45. 465,480 shares of the company traded hands. The firm’s 50 day moving average is $96.05 and its 200 day moving average is $91.67. The company has a market capitalization of $16.48 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.