Indivisible Partners Buys Shares of 6,602 VanEck Morningstar Wide Moat ETF $MOAT

Indivisible Partners bought a new stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the fourth quarter, Holdings Channel reports. The fund bought 6,602 shares of the company’s stock, valued at approximately $684,000.

A number of other hedge funds have also added to or reduced their stakes in MOAT. TD Waterhouse Canada Inc. purchased a new position in VanEck Morningstar Wide Moat ETF during the 3rd quarter valued at about $26,000. First Horizon Corp purchased a new position in VanEck Morningstar Wide Moat ETF during the 4th quarter valued at about $31,000. Harbor Investment Advisory LLC purchased a new position in VanEck Morningstar Wide Moat ETF during the 4th quarter valued at about $33,000. Paladin Advisory Group LLC purchased a new position in VanEck Morningstar Wide Moat ETF during the 3rd quarter valued at about $34,000. Finally, IAG Wealth Partners LLC grew its holdings in VanEck Morningstar Wide Moat ETF by 228.7% during the 3rd quarter. IAG Wealth Partners LLC now owns 378 shares of the company’s stock valued at $37,000 after buying an additional 263 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Trading Up 1.1%

Shares of BATS MOAT opened at $100.99 on Thursday. VanEck Morningstar Wide Moat ETF has a 12 month low of $85.74 and a 12 month high of $108.10. The firm has a market capitalization of $13.63 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02. The business has a 50-day moving average of $100.18 and a 200-day moving average of $102.63.

About VanEck Morningstar Wide Moat ETF

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.