Tradewinds LLC. Makes New $1.01 Million Investment in VanEck Morningstar Wide Moat ETF $MOAT

Tradewinds LLC. purchased a new position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 10,784 shares of the company’s stock, valued at approximately $1,011,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in MOAT. N.E.W. Advisory Services LLC purchased a new position in VanEck Morningstar Wide Moat ETF in the 1st quarter worth $26,000. Garrison Bradford & Associates Inc. purchased a new position in shares of VanEck Morningstar Wide Moat ETF in the first quarter worth about $26,000. Keystone Global Partners LLC purchased a new position in VanEck Morningstar Wide Moat ETF during the 2nd quarter worth approximately $28,000. Intelligent Financial Strategies purchased a new position in VanEck Morningstar Wide Moat ETF during the 2nd quarter worth approximately $30,000. Finally, Financial Gravity Asset Management Inc. purchased a new position in VanEck Morningstar Wide Moat ETF during the 1st quarter worth approximately $29,000.

VanEck Morningstar Wide Moat ETF Trading Up 9.5%

MOAT opened at $101.10 on Friday. The firm has a 50 day moving average of $99.48 and a two-hundred day moving average of $94.59. 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 $13.65 billion, a PE ratio of 22.53 and a beta of 1.02.

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.