Raymond James & Associates Buys 96,603 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Raymond James & Associates increased its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 4.3% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 2,367,879 shares of the company’s stock after buying an additional 96,603 shares during the period. Raymond James & Associates owned 1.40% of VanEck Morningstar Wide Moat ETF worth $212,872,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Addison Advisors LLC bought a new position in VanEck Morningstar Wide Moat ETF during the 3rd quarter worth $31,000. Global Trust Asset Management LLC increased its position in VanEck Morningstar Wide Moat ETF by 80.0% during the first quarter. Global Trust Asset Management LLC now owns 450 shares of the company’s stock worth $40,000 after acquiring an additional 200 shares during the period. Cape Investment Advisory Inc. raised its stake in VanEck Morningstar Wide Moat ETF by 93.8% in the 4th quarter. Cape Investment Advisory Inc. now owns 469 shares of the company’s stock worth $40,000 after purchasing an additional 227 shares in the last quarter. Dividend Assets Capital LLC acquired a new stake in VanEck Morningstar Wide Moat ETF in the 3rd quarter worth about $37,000. Finally, Providence Capital Advisors LLC boosted its holdings in VanEck Morningstar Wide Moat ETF by 105.1% in the 3rd quarter. Providence Capital Advisors LLC now owns 566 shares of the company’s stock valued at $43,000 after purchasing an additional 290 shares during the period.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of MOAT traded up $0.56 during mid-day trading on Friday, hitting $86.03. 525,953 shares of the company’s stock were exchanged. The stock has a market capitalization of $14.50 billion, a price-to-earnings ratio of 27.21 and a beta of 1.03. The stock has a 50 day moving average of $87.05 and a 200-day moving average of $82.71.

VanEck Morningstar Wide Moat ETF 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.