New England Private Wealth Advisors LLC Has $20.71 Million Stock Holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

New England Private Wealth Advisors LLC raised its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 40.7% in the 4th quarter, Holdings Channel.com reports. The fund owned 244,028 shares of the company’s stock after buying an additional 70,630 shares during the period. VanEck Morningstar Wide Moat ETF makes up approximately 3.8% of New England Private Wealth Advisors LLC’s portfolio, making the stock its 6th largest position. New England Private Wealth Advisors LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $20,710,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in MOAT. Morgan Stanley grew its stake in shares of VanEck Morningstar Wide Moat ETF by 20.2% in the third quarter. Morgan Stanley now owns 6,783,213 shares of the company’s stock valued at $514,439,000 after buying an additional 1,140,029 shares in the last quarter. LPL Financial LLC grew its stake in shares of VanEck Morningstar Wide Moat ETF by 8.2% in the third quarter. LPL Financial LLC now owns 5,504,363 shares of the company’s stock valued at $417,451,000 after buying an additional 418,536 shares in the last quarter. Raymond James Financial Services Advisors Inc. grew its stake in shares of VanEck Morningstar Wide Moat ETF by 41.4% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 2,887,502 shares of the company’s stock valued at $245,062,000 after buying an additional 845,137 shares in the last quarter. Raymond James & Associates grew its stake in shares of VanEck Morningstar Wide Moat ETF by 7.8% in the fourth quarter. Raymond James & Associates now owns 2,271,276 shares of the company’s stock valued at $192,763,000 after buying an additional 164,926 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its stake in shares of VanEck Morningstar Wide Moat ETF by 15.3% in the third quarter. Ameriprise Financial Inc. now owns 2,239,077 shares of the company’s stock valued at $170,905,000 after buying an additional 296,676 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Trading Up 0.7 %

Shares of BATS:MOAT traded up $0.56 during midday trading on Friday, hitting $86.03. The stock had a trading volume of 525,953 shares. The business has a 50 day moving average of $87.05 and a 200-day moving average of $82.71. The firm has a market capitalization of $14.50 billion, a P/E ratio of 27.21 and a beta of 1.03.

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.