Raymond James & Associates Purchases 96,603 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Raymond James & Associates grew its position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 4.3% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,367,879 shares of the company’s stock after acquiring an additional 96,603 shares during the quarter. Raymond James & Associates’ holdings in VanEck Morningstar Wide Moat ETF were worth $212,872,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in MOAT. Addison Advisors LLC acquired a new position in VanEck Morningstar Wide Moat ETF during the third quarter worth $31,000. Global Trust Asset Management LLC lifted its position in VanEck Morningstar Wide Moat ETF by 80.0% during the 1st quarter. Global Trust Asset Management LLC now owns 450 shares of the company’s stock worth $40,000 after buying an additional 200 shares in the last quarter. Cape Investment Advisory Inc. boosted its stake in shares of VanEck Morningstar Wide Moat ETF by 93.8% during the 4th quarter. Cape Investment Advisory Inc. now owns 469 shares of the company’s stock worth $40,000 after buying an additional 227 shares during the last quarter. Dividend Assets Capital LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF in the 3rd quarter valued at about $37,000. Finally, Providence Capital Advisors LLC increased its position 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 acquiring an additional 290 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Trading Up 0.7 %

MOAT traded up $0.56 on Friday, hitting $86.03. 525,953 shares of the company were exchanged. The company has a 50 day moving average price of $87.05 and a two-hundred day moving average price of $82.71. The company has a market cap of $14.50 billion, a P/E ratio of 27.21 and a beta of 1.03.

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.