Almanack Investment Partners LLC. Takes Position in VanEck Morningstar Wide Moat ETF $MOAT

Almanack Investment Partners LLC. acquired a new position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 2,829 shares of the company’s stock, valued at approximately $265,000.

Several other hedge funds also recently made changes to their positions in MOAT. Brighton Jones LLC purchased a new position in shares of VanEck Morningstar Wide Moat ETF during the fourth quarter worth about $528,000. GAMMA Investing LLC grew its holdings in shares of VanEck Morningstar Wide Moat ETF by 29.7% during the first quarter. GAMMA Investing LLC now owns 1,005 shares of the company’s stock worth $88,000 after purchasing an additional 230 shares during the last quarter. Sowell Financial Services LLC purchased a new position in shares of VanEck Morningstar Wide Moat ETF during the first quarter worth about $250,000. QRG Capital Management Inc. grew its holdings in shares of VanEck Morningstar Wide Moat ETF by 39.2% during the first quarter. QRG Capital Management Inc. now owns 3,128 shares of the company’s stock worth $275,000 after purchasing an additional 881 shares during the last quarter. Finally, Schaper Benz & Wise Investment Counsel Inc. WI grew its holdings in shares of VanEck Morningstar Wide Moat ETF by 2.0% during the first quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 9,177 shares of the company’s stock worth $808,000 after purchasing an additional 177 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of MOAT stock opened at $99.29 on Tuesday. The stock’s 50-day moving average is $98.35 and its two-hundred day moving average is $92.86. The firm has a market cap of $13.40 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a 1 year low of $75.43 and a 1 year high of $99.41.

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.