Balboa Wealth Partners Acquires 1,407 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Balboa Wealth Partners raised its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 21.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,104 shares of the company’s stock after purchasing an additional 1,407 shares during the period. Balboa Wealth Partners’ holdings in VanEck Morningstar Wide Moat ETF were worth $786,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in MOAT. Mesirow Financial Investment Management Inc. increased its position in shares of VanEck Morningstar Wide Moat ETF by 3.6% in the third quarter. Mesirow Financial Investment Management Inc. now owns 2,641,655 shares of the company’s stock worth $256,113,000 after purchasing an additional 91,428 shares during the period. Commonwealth Equity Services LLC raised its position in shares of VanEck Morningstar Wide Moat ETF by 1.2% in the 2nd quarter. Commonwealth Equity Services LLC now owns 2,489,450 shares of the company’s stock valued at $215,611,000 after buying an additional 30,142 shares in the last quarter. Raymond James & Associates lifted its holdings in shares of VanEck Morningstar Wide Moat ETF by 0.3% during the 3rd quarter. Raymond James & Associates now owns 2,386,177 shares of the company’s stock worth $231,340,000 after acquiring an additional 7,909 shares during the period. Osaic Holdings Inc. boosted its position in shares of VanEck Morningstar Wide Moat ETF by 12.8% during the 1st quarter. Osaic Holdings Inc. now owns 1,739,857 shares of the company’s stock worth $156,380,000 after acquiring an additional 198,105 shares in the last quarter. Finally, CWM LLC raised its position in VanEck Morningstar Wide Moat ETF by 10.5% during the third quarter. CWM LLC now owns 1,152,800 shares of the company’s stock valued at $111,764,000 after purchasing an additional 109,394 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of MOAT stock opened at $96.47 on Friday. The firm has a fifty day simple moving average of $95.80 and a two-hundred day simple moving average of $91.17. The firm has a market cap of $16.31 billion, a P/E ratio of 28.30 and a beta of 1.01.

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.