Howard Financial Services LTD. Increases Stock Holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Howard Financial Services LTD. lifted its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 56.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 39,051 shares of the company’s stock after buying an additional 14,134 shares during the quarter. Howard Financial Services LTD.’s holdings in VanEck Morningstar Wide Moat ETF were worth $3,511,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. MONECO Advisors LLC raised its stake in VanEck Morningstar Wide Moat ETF by 4.4% in the fourth quarter. MONECO Advisors LLC now owns 3,502 shares of the company’s stock valued at $297,000 after purchasing an additional 146 shares in the last quarter. National Bank of Canada FI raised its stake 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 valued at $1,402,000 after purchasing an additional 166 shares in the last quarter. Belpointe Asset Management LLC raised its stake in VanEck Morningstar Wide Moat ETF by 2.2% in 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 in the last quarter. Valmark Advisers Inc. raised its stake in VanEck Morningstar Wide Moat ETF by 7.2% in the fourth quarter. Valmark Advisers Inc. now owns 2,902 shares of the company’s stock valued at $246,000 after purchasing an additional 194 shares in the last quarter. Finally, Global Trust Asset Management LLC raised its stake in shares of VanEck Morningstar Wide Moat ETF by 80.0% during the first quarter. Global Trust Asset Management LLC now owns 450 shares of the company’s stock worth $40,000 after acquiring an additional 200 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Stock Down 0.4 %

Shares of MOAT stock traded down $0.32 during trading hours on Friday, hitting $86.63. 757,756 shares of the company’s stock were exchanged. The stock has a market capitalization of $14.65 billion, a P/E ratio of 28.30 and a beta of 1.01. The stock has a 50-day simple moving average of $86.89 and a 200 day simple moving average of $86.12.

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.