abrdn plc Purchases 35,904 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

abrdn plc boosted its stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 28.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 161,269 shares of the company’s stock after purchasing an additional 35,904 shares during the quarter. abrdn plc owned about 0.13% of VanEck Morningstar Wide Moat ETF worth $13,687,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Addison Advisors LLC bought a new stake in VanEck Morningstar Wide Moat ETF in the third quarter valued at about $31,000. Dividend Assets Capital LLC bought a new stake in VanEck Morningstar Wide Moat ETF in the third quarter valued at about $37,000. Providence Capital Advisors LLC increased its holdings in VanEck Morningstar Wide Moat ETF by 105.1% in the third quarter. Providence Capital Advisors LLC now owns 566 shares of the company’s stock valued at $43,000 after purchasing an additional 290 shares during the last quarter. Barclays PLC bought a new stake in VanEck Morningstar Wide Moat ETF in the second quarter valued at about $48,000. Finally, SYM FINANCIAL Corp bought a new stake in VanEck Morningstar Wide Moat ETF in the third quarter valued at about $53,000.

VanEck Morningstar Wide Moat ETF Stock Down 0.4 %

BATS MOAT opened at $85.44 on Friday. The firm has a 50 day moving average of $87.05 and a 200-day moving average of $82.64. The company has a market capitalization of $14.41 billion, a P/E ratio of 27.67 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.