Carnegie Investment Counsel Takes $249,000 Position in VanEck Morningstar Wide Moat ETF $MOAT

Carnegie Investment Counsel acquired a new stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 2,652 shares of the company’s stock, valued at approximately $249,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Iams Wealth Management LLC increased its position in shares of VanEck Morningstar Wide Moat ETF by 2.1% during the 2nd quarter. Iams Wealth Management LLC now owns 5,105 shares of the company’s stock worth $479,000 after purchasing an additional 105 shares during the last quarter. Dumont & Blake Investment Advisors LLC lifted its stake in VanEck Morningstar Wide Moat ETF by 1.4% in the second quarter. Dumont & Blake Investment Advisors LLC now owns 13,736 shares of the company’s stock valued at $1,288,000 after buying an additional 184 shares during the last quarter. Ayalon Insurance Comp Ltd. lifted its stake in VanEck Morningstar Wide Moat ETF by 0.5% in the second quarter. Ayalon Insurance Comp Ltd. now owns 40,145 shares of the company’s stock valued at $3,765,000 after buying an additional 190 shares during the last quarter. Walled Lake Planning & Wealth Management LLC increased its holdings in shares of VanEck Morningstar Wide Moat ETF by 2.1% in the first quarter. Walled Lake Planning & Wealth Management LLC now owns 9,637 shares of the company’s stock valued at $848,000 after purchasing an additional 201 shares during the period. Finally, Golden State Wealth Management LLC increased its holdings in shares of VanEck Morningstar Wide Moat ETF by 100.0% in the first quarter. Golden State Wealth Management LLC now owns 408 shares of the company’s stock valued at $36,000 after purchasing an additional 204 shares during the period.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of MOAT stock opened at $102.74 on Monday. The business’s fifty day moving average price is $99.13 and its 200 day moving average price is $94.11. The firm has a market capitalization of $13.87 billion, a PE 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.

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.