Joseph Group Capital Management Grows Stake in VanEck Morningstar Wide Moat ETF $MOAT

Joseph Group Capital Management increased its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 5.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 131,937 shares of the company’s stock after purchasing an additional 6,595 shares during the period. VanEck Morningstar Wide Moat ETF makes up 4.1% of Joseph Group Capital Management’s investment portfolio, making the stock its 5th biggest holding. Joseph Group Capital Management owned 0.10% of VanEck Morningstar Wide Moat ETF worth $12,374,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Brighton Jones LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF in the 4th quarter valued at approximately $528,000. Schechter Investment Advisors LLC acquired a new position in VanEck Morningstar Wide Moat ETF in the 1st quarter valued at $279,000. Leelyn Smith LLC increased its stake in shares of VanEck Morningstar Wide Moat ETF by 5.4% in the first quarter. Leelyn Smith LLC now owns 488,447 shares of the company’s stock worth $42,983,000 after purchasing an additional 25,156 shares during the period. Larson Financial Group LLC boosted its position in shares of VanEck Morningstar Wide Moat ETF by 8.8% in the first quarter. Larson Financial Group LLC now owns 9,374 shares of the company’s stock valued at $825,000 after acquiring an additional 757 shares during the period. Finally, FWG Holdings LLC increased its position in VanEck Morningstar Wide Moat ETF by 1.4% during the first quarter. FWG Holdings LLC now owns 82,123 shares of the company’s stock worth $7,032,000 after acquiring an additional 1,154 shares during the period.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of VanEck Morningstar Wide Moat ETF stock opened at $99.99 on Monday. The firm has a fifty day moving average price of $99.72 and a two-hundred day moving average price of $95.58. VanEck Morningstar Wide Moat ETF has a fifty-two week low of $75.43 and a fifty-two week high of $99.41. The company has a market cap of $13.50 billion, a PE ratio of 22.53 and a beta of 1.02.

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.