Vision Capital Management Inc. Acquires New Stake in VanEck Morningstar Wide Moat ETF $MOAT

Vision Capital Management Inc. bought a new stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 5,453 shares of the company’s stock, valued at approximately $576,000.

Several other hedge funds and other institutional investors have also made changes to their positions in MOAT. Royal Bank of Canada boosted its stake in shares of VanEck Morningstar Wide Moat ETF by 10.8% in the first quarter. Royal Bank of Canada now owns 833,825 shares of the company’s stock worth $80,630,000 after acquiring an additional 81,552 shares during the last quarter. Verde Capital Management raised its stake in VanEck Morningstar Wide Moat ETF by 5.1% in the 1st quarter. Verde Capital Management now owns 658,249 shares of the company’s stock valued at $63,653,000 after purchasing an additional 31,931 shares during the last quarter. Kelman Lazarov Inc. raised its stake in VanEck Morningstar Wide Moat ETF by 0.9% in the 1st quarter. Kelman Lazarov Inc. now owns 561,025 shares of the company’s stock valued at $54,251,000 after purchasing an additional 5,005 shares during the last quarter. Harbor Group Inc. acquired a new position in VanEck Morningstar Wide Moat ETF in the 3rd quarter valued at $53,492,000. Finally, Leelyn Smith LLC lifted its holdings in VanEck Morningstar Wide Moat ETF by 4.1% in the 1st quarter. Leelyn Smith LLC now owns 511,612 shares of the company’s stock valued at $49,473,000 after purchasing an additional 20,186 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of MOAT stock opened at $110.48 on Tuesday. VanEck Morningstar Wide Moat ETF has a fifty-two week low of $94.07 and a fifty-two week high of $115.58. The stock’s fifty day moving average is $110.41 and its two-hundred day moving average is $105.62. The firm has a market capitalization of $14.91 billion, a P/E ratio of 22.53 and a beta of 1.02.

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. MOAT was launched on Apr 25, 2012 and is managed by VanEck.