Winthrop Advisory Group LLC Takes Position in VanEck Morningstar Wide Moat ETF $MOAT

Winthrop Advisory Group LLC acquired a new stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) during the second quarter, Holdings Channel.com reports. The firm acquired 2,364 shares of the company’s stock, valued at approximately $222,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Boulay Financial Advisors LLC raised its holdings in shares of VanEck Morningstar Wide Moat ETF by 14.9% in the 2nd quarter. Boulay Financial Advisors LLC now owns 2,079,163 shares of the company’s stock valued at $195,005,000 after purchasing an additional 269,654 shares in the last quarter. Jones Financial Companies Lllp raised its holdings in shares of VanEck Morningstar Wide Moat ETF by 29.6% in the 1st quarter. Jones Financial Companies Lllp now owns 882,771 shares of the company’s stock valued at $77,410,000 after purchasing an additional 201,826 shares in the last quarter. Obermeyer Wealth Partners raised its stake in VanEck Morningstar Wide Moat ETF by 3.5% during the 1st quarter. Obermeyer Wealth Partners now owns 881,212 shares of the company’s stock worth $77,547,000 after acquiring an additional 29,800 shares in the last quarter. Cetera Investment Advisers raised its stake in VanEck Morningstar Wide Moat ETF by 5.2% during the 1st quarter. Cetera Investment Advisers now owns 806,650 shares of the company’s stock worth $70,985,000 after acquiring an additional 39,664 shares in the last quarter. Finally, Whitaker Myers Wealth Managers LTD. raised its stake in VanEck Morningstar Wide Moat ETF by 6.4% during the 2nd quarter. Whitaker Myers Wealth Managers LTD. now owns 658,546 shares of the company’s stock worth $61,765,000 after acquiring an additional 39,723 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of BATS:MOAT opened at $100.89 on Thursday. The company’s fifty day moving average price is $98.19 and its 200 day moving average price is $92.67. VanEck Morningstar Wide Moat ETF has a 12 month low of $75.43 and a 12 month high of $99.41. The firm has a market capitalization of $13.62 billion, a P/E ratio of 22.53 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.