Integrated Wealth Concepts LLC Increases Stock Position in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Integrated Wealth Concepts LLC lifted its stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 4.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,296 shares of the company’s stock after purchasing an additional 207 shares during the period. Integrated Wealth Concepts LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $513,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of MOAT. LPL Financial LLC lifted its position in shares of VanEck Morningstar Wide Moat ETF by 8.4% in the 3rd quarter. LPL Financial LLC now owns 7,877,723 shares of the company’s stock worth $763,745,000 after purchasing an additional 613,683 shares during the period. Redhawk Wealth Advisors Inc. lifted its position in shares of VanEck Morningstar Wide Moat ETF by 11,390.1% in the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 316,668 shares of the company’s stock worth $30,701,000 after purchasing an additional 313,912 shares during the period. Brookstone Capital Management lifted its position in shares of VanEck Morningstar Wide Moat ETF by 40.8% in the 2nd quarter. Brookstone Capital Management now owns 987,292 shares of the company’s stock worth $88,461,000 after purchasing an additional 285,929 shares during the period. Fiduciary Financial Group LLC purchased a new stake in shares of VanEck Morningstar Wide Moat ETF in the 2nd quarter worth about $17,311,000. Finally, Magnolia Capital Advisors LLC purchased a new stake in shares of VanEck Morningstar Wide Moat ETF in the 2nd quarter worth about $14,150,000.

VanEck Morningstar Wide Moat ETF Stock Performance

BATS:MOAT opened at $98.19 on Wednesday. The stock has a 50 day moving average of $96.68 and a 200-day moving average of $92.40. The stock has a market cap of $16.60 billion, a PE ratio of 28.30 and a beta of 1.01.

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.