BIP Wealth LLC Purchases New Stake in VanEck Morningstar Wide Moat ETF $MOAT

BIP Wealth LLC acquired a new position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 2,209 shares of the company’s stock, valued at approximately $207,000.

Several other institutional investors and hedge funds also recently bought and sold shares of MOAT. Brighton Jones LLC purchased a new stake in shares of VanEck Morningstar Wide Moat ETF in the fourth quarter worth approximately $528,000. GAMMA Investing LLC lifted its position in VanEck Morningstar Wide Moat ETF by 29.7% in the 1st quarter. GAMMA Investing LLC now owns 1,005 shares of the company’s stock worth $88,000 after buying an additional 230 shares in the last quarter. Golden State Wealth Management LLC boosted its stake in shares of VanEck Morningstar Wide Moat ETF by 100.0% during the 1st quarter. Golden State Wealth Management LLC now owns 408 shares of the company’s stock valued at $36,000 after buying an additional 204 shares during the period. Jaffetilchin Investment Partners LLC grew its holdings in shares of VanEck Morningstar Wide Moat ETF by 25.0% during the 1st quarter. Jaffetilchin Investment Partners LLC now owns 4,871 shares of the company’s stock valued at $429,000 after acquiring an additional 975 shares in the last quarter. Finally, Money Concepts Capital Corp increased its stake in shares of VanEck Morningstar Wide Moat ETF by 6.6% in the first quarter. Money Concepts Capital Corp now owns 5,188 shares of the company’s stock worth $457,000 after acquiring an additional 322 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Trading Up 11.3%

Shares of BATS:MOAT opened at $102.74 on Friday. The firm has a market cap of $13.87 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a 1 year low of $75.43 and a 1 year high of $99.41. The business has a fifty day simple moving average of $99.13 and a 200 day simple moving average of $94.04.

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.