Cary Street Partners Investment Advisory LLC Has $4.38 Million Stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Cary Street Partners Investment Advisory LLC increased its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 12.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 51,634 shares of the company’s stock after purchasing an additional 5,871 shares during the quarter. VanEck Morningstar Wide Moat ETF makes up approximately 1.3% of Cary Street Partners Investment Advisory LLC’s portfolio, making the stock its 16th largest position. Cary Street Partners Investment Advisory LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $4,382,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MOAT. Morgan Stanley grew its stake in shares of VanEck Morningstar Wide Moat ETF by 20.2% in the 3rd quarter. Morgan Stanley now owns 6,783,213 shares of the company’s stock valued at $514,439,000 after buying an additional 1,140,029 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its position in shares of VanEck Morningstar Wide Moat ETF by 41.4% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 2,887,502 shares of the company’s stock worth $245,062,000 after purchasing an additional 845,137 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in VanEck Morningstar Wide Moat ETF during the 3rd quarter valued at approximately $45,601,000. Davidson Capital Management Inc. boosted its stake in VanEck Morningstar Wide Moat ETF by 507.3% during the 3rd quarter. Davidson Capital Management Inc. now owns 668,294 shares of the company’s stock valued at $50,683,000 after purchasing an additional 558,246 shares during the period. Finally, LPL Financial LLC grew its holdings in VanEck Morningstar Wide Moat ETF by 8.2% in the 3rd quarter. LPL Financial LLC now owns 5,504,363 shares of the company’s stock valued at $417,451,000 after buying an additional 418,536 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Trading Up 0.5 %

VanEck Morningstar Wide Moat ETF stock traded up $0.46 during mid-day trading on Tuesday, reaching $86.49. The company had a trading volume of 619,734 shares. The stock has a market cap of $14.58 billion, a price-to-earnings ratio of 27.21 and a beta of 1.03. The stock’s 50 day simple moving average is $87.07 and its 200 day simple moving average is $82.88.

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.