Assetmark Inc. Purchases 1,838 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Assetmark Inc. boosted its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 69.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,466 shares of the company’s stock after purchasing an additional 1,838 shares during the quarter. Assetmark Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $433,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of VanEck Morningstar Wide Moat ETF in the 2nd quarter worth $26,000. Mather Group LLC. bought a new stake in shares of VanEck Morningstar Wide Moat ETF in the second quarter worth approximately $32,000. Fairman Group LLC bought a new stake in VanEck Morningstar Wide Moat ETF in the 2nd quarter worth approximately $41,000. Cullen Frost Bankers Inc. purchased a new stake in VanEck Morningstar Wide Moat ETF during the 2nd quarter valued at $50,000. Finally, Annapolis Financial Services LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF during the 2nd quarter valued at $70,000.

VanEck Morningstar Wide Moat ETF Stock Down 1.8 %

Shares of MOAT opened at $94.69 on Friday. The company has a market capitalization of $16.01 billion, a price-to-earnings ratio of 28.30 and a beta of 1.01. The business has a 50 day moving average price of $95.88 and a two-hundred day moving average price of $91.30.

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.