46 Peaks LLC Takes $9.69 Million Position in VanEck Morningstar Wide Moat ETF $MOAT

46 Peaks LLC bought a new stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 93,587 shares of the company’s stock, valued at approximately $9,692,000. VanEck Morningstar Wide Moat ETF comprises approximately 7.1% of 46 Peaks LLC’s investment portfolio, making the stock its 6th biggest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MOAT. Swmg LLC grew its holdings in VanEck Morningstar Wide Moat ETF by 1.3% during the 4th quarter. Swmg LLC now owns 7,926 shares of the company’s stock worth $836,000 after acquiring an additional 103 shares during the period. Russell Investments Group Ltd. boosted its position in shares of VanEck Morningstar Wide Moat ETF by 60.9% in the 4th quarter. Russell Investments Group Ltd. now owns 296 shares of the company’s stock worth $31,000 after purchasing an additional 112 shares during the last quarter. Western Pacific Wealth Management LP grew its stake in shares of VanEck Morningstar Wide Moat ETF by 1.7% during the fourth quarter. Western Pacific Wealth Management LP now owns 6,983 shares of the company’s stock worth $723,000 after purchasing an additional 116 shares during the period. Sagespring Wealth Partners LLC grew its stake in shares of VanEck Morningstar Wide Moat ETF by 3.4% during the fourth quarter. Sagespring Wealth Partners LLC now owns 3,597 shares of the company’s stock worth $372,000 after purchasing an additional 117 shares during the period. Finally, Warner Financial Inc. grew its stake in shares of VanEck Morningstar Wide Moat ETF by 1.2% during the fourth quarter. Warner Financial Inc. now owns 11,305 shares of the company’s stock worth $1,171,000 after purchasing an additional 132 shares during the period.

VanEck Morningstar Wide Moat ETF Trading Up 0.8%

Shares of MOAT opened at $102.12 on Friday. The stock has a market cap of $13.79 billion, a P/E ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a 1 year low of $90.07 and a 1 year high of $108.10. The stock’s 50-day moving average price is $101.34 and its two-hundred day moving average price is $102.79.

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. MOAT was launched on Apr 25, 2012 and is managed by VanEck.