Commonwealth Financial Services LLC Raises Stock Holdings in VanEck Morningstar Wide Moat ETF $MOAT

Commonwealth Financial Services LLC raised its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 62.0% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 7,724 shares of the company’s stock after buying an additional 2,955 shares during the quarter. Commonwealth Financial Services LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $724,000 at the end of the most recent reporting period.

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

VanEck Morningstar Wide Moat ETF Stock Performance

VanEck Morningstar Wide Moat ETF stock opened at $98.05 on Friday. The stock has a 50-day moving average of $98.31 and a two-hundred day moving average of $92.78. The stock has a market cap of $13.24 billion, a PE ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a one year low of $75.43 and a one year high of $99.41.

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.