VanEck Morningstar Wide Moat ETF (BATS:MOAT) is Obermeyer Wood Investment Counsel Lllp’s 6th Largest Position

Obermeyer Wood Investment Counsel Lllp lifted its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 8.7% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 702,009 shares of the company’s stock after acquiring an additional 56,437 shares during the period. VanEck Morningstar Wide Moat ETF makes up 4.1% of Obermeyer Wood Investment Counsel Lllp’s investment portfolio, making the stock its 6th biggest position. Obermeyer Wood Investment Counsel Lllp owned about 0.54% of VanEck Morningstar Wide Moat ETF worth $59,579,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Morgan Stanley lifted its stake in VanEck Morningstar Wide Moat ETF by 20.2% in the third quarter. Morgan Stanley now owns 6,783,213 shares of the company’s stock worth $514,439,000 after purchasing an additional 1,140,029 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its stake in VanEck Morningstar Wide Moat ETF by 41.4% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 2,887,502 shares of the company’s stock worth $245,062,000 after purchasing an additional 845,137 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in VanEck Morningstar Wide Moat ETF in the third quarter worth $45,601,000. Davidson Capital Management Inc. lifted its stake in VanEck Morningstar Wide Moat ETF by 507.3% in the third quarter. Davidson Capital Management Inc. now owns 668,294 shares of the company’s stock worth $50,683,000 after purchasing an additional 558,246 shares during the last quarter. Finally, LPL Financial LLC lifted its stake in VanEck Morningstar Wide Moat ETF by 8.2% in the third quarter. LPL Financial LLC now owns 5,504,363 shares of the company’s stock worth $417,451,000 after purchasing an additional 418,536 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Stock Down 0.2 %

Shares of MOAT stock traded down $0.15 during mid-day trading on Thursday, reaching $83.96. The stock had a trading volume of 902,623 shares. The company has a 50-day moving average price of $87.11 and a 200-day moving average price of $82.26. The company has a market capitalization of $14.16 billion, a price-to-earnings ratio of 27.67 and a beta of 1.02.

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.