Commonwealth Equity Services LLC Raises Holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Commonwealth Equity Services LLC increased its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 16.0% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 2,340,046 shares of the company’s stock after buying an additional 323,206 shares during the period. Commonwealth Equity Services LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $198,600,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in MOAT. Morgan Stanley raised its position in shares of VanEck Morningstar Wide Moat ETF by 20.2% in the 3rd quarter. Morgan Stanley now owns 6,783,213 shares of the company’s stock worth $514,439,000 after buying an additional 1,140,029 shares during the period. Raymond James Financial Services Advisors Inc. raised its position in shares of VanEck Morningstar Wide Moat ETF by 41.4% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 2,887,502 shares of the company’s stock worth $245,062,000 after buying an additional 845,137 shares during the period. Bank of New York Mellon Corp purchased a new position in shares of VanEck Morningstar Wide Moat ETF in the 3rd quarter worth $45,601,000. Davidson Capital Management Inc. increased its holdings in VanEck Morningstar Wide Moat ETF by 507.3% in the 3rd quarter. Davidson Capital Management Inc. now owns 668,294 shares of the company’s stock valued at $50,683,000 after purchasing an additional 558,246 shares in the last quarter. Finally, LPL Financial LLC increased its holdings in VanEck Morningstar Wide Moat ETF by 8.2% in the 3rd quarter. LPL Financial LLC now owns 5,504,363 shares of the company’s stock valued at $417,451,000 after purchasing an additional 418,536 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Price Performance

BATS MOAT traded down $0.21 during trading hours on Thursday, hitting $85.22. The company had a trading volume of 925,319 shares. The stock has a market cap of $14.36 billion, a P/E ratio of 27.21 and a beta of 1.03. The business’s fifty day moving average is $87.05 and its 200 day moving average is $82.98.

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.