VanEck Morningstar Wide Moat ETF (BATS:MOAT) Stock Position Boosted by Paragon Advisors LLC

Paragon Advisors LLC grew its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 4.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 35,632 shares of the company’s stock after buying an additional 1,491 shares during the quarter. VanEck Morningstar Wide Moat ETF comprises 1.1% of Paragon Advisors LLC’s holdings, making the stock its 28th biggest position. Paragon Advisors LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $3,455,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the stock. Coastline Trust Co purchased a new stake in VanEck Morningstar Wide Moat ETF during the third quarter valued at about $146,000. Balboa Wealth Partners raised its holdings in shares of VanEck Morningstar Wide Moat ETF by 21.0% during the third quarter. Balboa Wealth Partners now owns 8,104 shares of the company’s stock valued at $786,000 after acquiring an additional 1,407 shares during the period. Endowment Wealth Management Inc. lifted its position in shares of VanEck Morningstar Wide Moat ETF by 10.1% in the 3rd quarter. Endowment Wealth Management Inc. now owns 18,653 shares of the company’s stock valued at $1,808,000 after acquiring an additional 1,711 shares in the last quarter. Summit Asset Management LLC boosted its position in shares of VanEck Morningstar Wide Moat ETF by 5.4% in the third quarter. Summit Asset Management LLC now owns 352,020 shares of the company’s stock worth $34,128,000 after buying an additional 17,935 shares during the period. Finally, Main Street Financial Solutions LLC grew its position in VanEck Morningstar Wide Moat ETF by 23.3% during the third quarter. Main Street Financial Solutions LLC now owns 17,943 shares of the company’s stock valued at $1,740,000 after purchasing an additional 3,395 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Price Performance

VanEck Morningstar Wide Moat ETF stock opened at $94.69 on Friday. The firm has a market capitalization of $16.01 billion, a P/E ratio of 28.30 and a beta of 1.01. The stock’s 50 day simple moving average is $95.88 and its two-hundred day simple moving average is $91.26.

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.