Palo Alto Wealth Advisors LLC Has $30.19 Million Stock Position in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Palo Alto Wealth Advisors LLC reduced its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 2.1% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 311,240 shares of the company’s stock after selling 6,531 shares during the quarter. VanEck Morningstar Wide Moat ETF makes up about 12.5% of Palo Alto Wealth Advisors LLC’s holdings, making the stock its 3rd largest position. Palo Alto Wealth Advisors LLC owned about 0.18% of VanEck Morningstar Wide Moat ETF worth $30,190,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of MOAT. Cetera Investment Advisers increased its stake in shares of VanEck Morningstar Wide Moat ETF by 675.1% during the 1st quarter. Cetera Investment Advisers now owns 655,462 shares of the company’s stock worth $58,926,000 after purchasing an additional 570,901 shares during the last quarter. First Foundation Advisors raised its stake in shares of VanEck Morningstar Wide Moat ETF by 57.8% in the first quarter. First Foundation Advisors now owns 1,019,331 shares of the company’s stock valued at $91,638,000 after buying an additional 373,164 shares during the period. Redhawk Wealth Advisors Inc. lifted its position in shares of VanEck Morningstar Wide Moat ETF by 11,390.1% during the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 316,668 shares of the company’s stock valued at $30,701,000 after buying an additional 313,912 shares during the last quarter. Brookstone Capital Management grew its stake in shares of VanEck Morningstar Wide Moat ETF by 40.8% during the 2nd quarter. Brookstone Capital Management now owns 987,292 shares of the company’s stock worth $88,461,000 after acquiring an additional 285,929 shares during the period. Finally, Osaic Holdings Inc. raised its stake in VanEck Morningstar Wide Moat ETF by 12.8% in the 1st quarter. Osaic Holdings Inc. now owns 1,739,857 shares of the company’s stock valued at $156,380,000 after acquiring an additional 198,105 shares during the period.

VanEck Morningstar Wide Moat ETF Stock Down 0.0 %

BATS MOAT traded down $0.02 during trading on Thursday, hitting $97.38. 666,515 shares of the company’s stock traded hands. The stock has a market capitalization of $16.47 billion, a PE ratio of 28.30 and a beta of 1.01. The business’s 50-day simple moving average is $95.80 and its 200 day simple moving average is $91.17.

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.