VanEck Morningstar Wide Moat ETF $MOAT Shares Newly Acquired by ProVise Management Group LLC

ProVise Management Group LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 6,248 shares of the company’s stock, valued at approximately $660,000.

A number of other institutional investors have also made changes to their positions in the stock. Mesirow Financial Investment Management Inc. purchased a new stake in shares of VanEck Morningstar Wide Moat ETF in the 3rd quarter valued at approximately $279,032,000. Commonwealth Equity Services LLC acquired a new stake in VanEck Morningstar Wide Moat ETF in the 3rd quarter valued at approximately $105,396,000. Royal Bank of Canada increased its holdings in VanEck Morningstar Wide Moat ETF by 10.8% in the 1st quarter. Royal Bank of Canada now owns 833,825 shares of the company’s stock valued at $80,630,000 after purchasing an additional 81,552 shares during the last quarter. Leelyn Smith LLC acquired a new stake in VanEck Morningstar Wide Moat ETF in the 3rd quarter valued at approximately $57,004,000. Finally, Harbor Group Inc. purchased a new stake in VanEck Morningstar Wide Moat ETF in the third quarter valued at approximately $53,492,000.

VanEck Morningstar Wide Moat ETF Stock Up 0.2%

BATS MOAT traded up $0.20 on Friday, reaching $116.59. The stock had a trading volume of 218,283 shares, compared to its average volume of 792,497. The stock has a fifty day moving average price of $110.60 and a two-hundred day moving average price of $105.80. VanEck Morningstar Wide Moat ETF has a 12-month low of $94.07 and a 12-month high of $118.52. The firm has a market capitalization of $12.20 billion, a price-to-earnings ratio of 22.24 and a beta of 0.97.

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.