Financial Partners Group LLC Raises Position in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Financial Partners Group LLC grew its position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 0.5% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 40,017 shares of the company’s stock after buying an additional 181 shares during the quarter. VanEck Morningstar Wide Moat ETF accounts for 1.6% of Financial Partners Group LLC’s portfolio, making the stock its 22nd largest position. Financial Partners Group LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $3,193,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in MOAT. JPMorgan Chase & Co. increased its holdings in VanEck Morningstar Wide Moat ETF by 2.3% in the 4th quarter. JPMorgan Chase & Co. now owns 92,221 shares of the company’s stock worth $5,986,000 after acquiring an additional 2,110 shares in the last quarter. Baird Financial Group Inc. increased its stake in shares of VanEck Morningstar Wide Moat ETF by 2.2% in the fourth quarter. Baird Financial Group Inc. now owns 24,722 shares of the company’s stock worth $1,605,000 after purchasing an additional 531 shares in the last quarter. First Republic Investment Management Inc. raised its position in shares of VanEck Morningstar Wide Moat ETF by 128.7% during the 4th quarter. First Republic Investment Management Inc. now owns 66,198 shares of the company’s stock valued at $4,297,000 after purchasing an additional 37,256 shares during the period. Cetera Advisors LLC raised its position in shares of VanEck Morningstar Wide Moat ETF by 33.8% during the 4th quarter. Cetera Advisors LLC now owns 30,536 shares of the company’s stock valued at $1,982,000 after purchasing an additional 7,713 shares during the period. Finally, Cetera Investment Advisers lifted its stake in shares of VanEck Morningstar Wide Moat ETF by 416.3% during the 4th quarter. Cetera Investment Advisers now owns 28,059 shares of the company’s stock valued at $1,821,000 after buying an additional 22,624 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Stock Up 0.3 %

MOAT stock traded up $0.26 during trading on Friday, reaching $77.43. The company’s stock had a trading volume of 787,148 shares. The company has a 50-day moving average price of $75.32 and a two-hundred day moving average price of $77.18. The firm has a market cap of $9.98 billion, a P/E ratio of 20.62 and a beta of 1.02.

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.