Western Wealth Management LLC Has $7.62 Million Holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Western Wealth Management LLC grew its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 4.2% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 89,765 shares of the company’s stock after purchasing an additional 3,595 shares during the period. Western Wealth Management LLC owned about 0.07% of VanEck Morningstar Wide Moat ETF worth $7,618,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MOAT. Addison Advisors LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF in the third quarter valued at $31,000. Cornerstone Planning Group LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF in the second quarter valued at $34,000. Dividend Assets Capital LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF in the third quarter valued at $37,000. Register Financial Advisors LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF in the third quarter valued at $38,000. Finally, Providence Capital Advisors LLC grew its stake in shares of VanEck Morningstar Wide Moat ETF by 105.1% in the third quarter. Providence Capital Advisors LLC now owns 566 shares of the company’s stock valued at $43,000 after buying an additional 290 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Price Performance

MOAT stock traded down $0.15 during midday trading on Thursday, reaching $83.96. 902,628 shares of the company were exchanged. The stock’s 50 day simple moving average is $87.11 and its 200-day simple moving average is $82.26. The firm has a market capitalization of $14.16 billion, a price-to-earnings ratio of 27.67 and a beta of 1.02.

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.