WJ Wealth Management LLC Takes $7.88 Million Position in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

WJ Wealth Management LLC purchased a new position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 98,761 shares of the company’s stock, valued at approximately $7,880,000. VanEck Morningstar Wide Moat ETF comprises about 3.7% of WJ Wealth Management LLC’s portfolio, making the stock its 11th largest position. WJ Wealth Management LLC owned 0.09% of VanEck Morningstar Wide Moat ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of MOAT. Citigroup Inc. increased its stake in shares of VanEck Morningstar Wide Moat ETF by 5.1% in the fourth quarter. Citigroup Inc. now owns 49,904 shares of the company’s stock valued at $3,239,000 after purchasing an additional 2,407 shares during the period. Scotia Capital Inc. bought a new stake in VanEck Morningstar Wide Moat ETF during the 4th quarter valued at $292,000. Moors & Cabot Inc. acquired a new position in VanEck Morningstar Wide Moat ETF during the 4th quarter worth $203,000. Blair William & Co. IL grew its stake in shares of VanEck Morningstar Wide Moat ETF by 4.0% in the fourth quarter. Blair William & Co. IL now owns 27,996 shares of the company’s stock worth $1,817,000 after purchasing an additional 1,089 shares in the last quarter. Finally, Advisor Group Holdings Inc. increased its holdings in shares of VanEck Morningstar Wide Moat ETF by 21.9% during the fourth quarter. Advisor Group Holdings Inc. now owns 657,191 shares of the company’s stock valued at $42,660,000 after purchasing an additional 118,059 shares during the period.

VanEck Morningstar Wide Moat ETF Price Performance

MOAT stock traded down $0.97 during trading on Monday, hitting $78.47. The company had a trading volume of 706,251 shares. The stock has a fifty day moving average of $80.32. The company has a market cap of $10.12 billion, a P/E ratio of 20.62 and a beta of 1.02.

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.