Stonebridge Financial Planning Group LLC Purchases 7,725 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Stonebridge Financial Planning Group LLC raised its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 30.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 33,094 shares of the company’s stock after purchasing an additional 7,725 shares during the quarter. VanEck Morningstar Wide Moat ETF accounts for about 1.5% of Stonebridge Financial Planning Group LLC’s holdings, making the stock its 13th biggest holding. Stonebridge Financial Planning Group LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $3,208,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in VanEck Morningstar Wide Moat ETF during the 2nd quarter worth about $26,000. Mather Group LLC. bought a new position in VanEck Morningstar Wide Moat ETF during the second quarter valued at about $32,000. Pinnacle Financial Partners Inc increased its stake in shares of VanEck Morningstar Wide Moat ETF by 81.1% during the 3rd quarter. Pinnacle Financial Partners Inc now owns 373 shares of the company’s stock worth $36,000 after purchasing an additional 167 shares during the last quarter. Fairman Group LLC bought a new stake in shares of VanEck Morningstar Wide Moat ETF in the second quarter valued at $41,000. Finally, Cullen Frost Bankers Inc. purchased a new stake in shares of VanEck Morningstar Wide Moat ETF during the second quarter worth $50,000.

VanEck Morningstar Wide Moat ETF Price Performance

BATS:MOAT traded down $0.11 during trading hours on Wednesday, hitting $94.93. The stock had a trading volume of 542,727 shares. The stock has a market cap of $16.05 billion, a price-to-earnings ratio of 28.30 and a beta of 1.01. The business’s 50 day moving average price is $95.92 and its 200 day moving average price is $91.47.

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.