VestGen Advisors LLC Makes New $6.60 Million Investment in VanEck Morningstar Wide Moat ETF $MOAT

VestGen Advisors LLC bought a new stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 62,402 shares of the company’s stock, valued at approximately $6,597,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Royal Bank of Canada grew its holdings in shares of 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 worth $80,630,000 after purchasing an additional 81,552 shares during the last quarter. Kelman Lazarov Inc. lifted its holdings in VanEck Morningstar Wide Moat ETF by 0.9% during 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. bought a new position in VanEck Morningstar Wide Moat ETF during the 3rd quarter valued at about $53,492,000. Leelyn Smith LLC lifted its holdings in VanEck Morningstar Wide Moat ETF by 4.1% during 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 during the last quarter. Finally, Whitaker Myers Wealth Managers LTD. boosted its position in VanEck Morningstar Wide Moat ETF by 6.2% in the second quarter. Whitaker Myers Wealth Managers LTD. now owns 430,701 shares of the company’s stock valued at $44,776,000 after buying an additional 25,230 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Stock Down 0.4%

BATS:MOAT opened at $110.92 on Thursday. The firm has a market cap of $14.97 billion, a PE ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a 12 month low of $94.07 and a 12 month high of $115.58. The company’s 50-day moving average price is $110.27 and its two-hundred day moving average price is $105.30.

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