Pekin Hardy Strauss Inc. grew its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT – Free Report) by 11.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,545 shares of the company’s stock after purchasing an additional 575 shares during the period. Pekin Hardy Strauss Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $538,000 at the end of the most recent quarter.
A number of other institutional investors have also recently made changes to their positions in the business. LPL Financial LLC grew its position in VanEck Morningstar Wide Moat ETF by 8.4% during the 3rd quarter. LPL Financial LLC now owns 7,877,723 shares of the company’s stock worth $763,745,000 after purchasing an additional 613,683 shares during the last quarter. Mesirow Financial Investment Management Inc. lifted its stake in shares of VanEck Morningstar Wide Moat ETF by 3.6% during the third quarter. Mesirow Financial Investment Management Inc. now owns 2,641,655 shares of the company’s stock worth $256,113,000 after buying an additional 91,428 shares during the period. Commonwealth Equity Services LLC grew its holdings in shares of VanEck Morningstar Wide Moat ETF by 1.2% during the second 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 during the last quarter. Raymond James & Associates increased its position in shares of VanEck Morningstar Wide Moat ETF by 0.3% in the 3rd quarter. Raymond James & Associates now owns 2,386,177 shares of the company’s stock valued at $231,340,000 after acquiring an additional 7,909 shares during the period. Finally, CWM LLC increased its position in shares of VanEck Morningstar Wide Moat ETF by 10.5% in the 3rd quarter. CWM LLC now owns 1,152,800 shares of the company’s stock valued at $111,764,000 after acquiring an additional 109,394 shares during the period.
VanEck Morningstar Wide Moat ETF Trading Up 1.2 %
Shares of MOAT opened at $97.45 on Monday. The stock’s 50 day moving average price is $96.05 and its 200-day moving average price is $91.67. The firm has a market cap of $16.48 billion, a PE ratio of 28.30 and a beta of 1.01.
About VanEck Morningstar Wide Moat ETF
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.
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