Bay Capital Advisors LLC Takes $333,000 Position in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Bay Capital Advisors LLC acquired a new position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) during the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 3,592 shares of the company’s stock, valued at approximately $333,000.

Other hedge funds have also recently bought and sold shares of the company. QRG Capital Management Inc. acquired a new stake in shares of VanEck Morningstar Wide Moat ETF in the fourth quarter valued at approximately $208,000. Citigroup Inc. increased its position in VanEck Morningstar Wide Moat ETF by 1.4% in the 3rd quarter. Citigroup Inc. now owns 203,480 shares of the company’s stock valued at $19,727,000 after acquiring an additional 2,861 shares during the period. US Bancorp DE raised its stake in VanEck Morningstar Wide Moat ETF by 22.2% during the 4th quarter. US Bancorp DE now owns 18,518 shares of the company’s stock valued at $1,717,000 after acquiring an additional 3,359 shares in the last quarter. Ameritas Advisory Services LLC boosted its position in VanEck Morningstar Wide Moat ETF by 91.0% during the 4th quarter. Ameritas Advisory Services LLC now owns 13,547 shares of the company’s stock worth $1,256,000 after acquiring an additional 6,455 shares during the period. Finally, Townsquare Capital LLC increased its holdings in shares of VanEck Morningstar Wide Moat ETF by 26.2% during the third quarter. Townsquare Capital LLC now owns 4,377 shares of the company’s stock valued at $424,000 after purchasing an additional 909 shares during the period.

VanEck Morningstar Wide Moat ETF Price Performance

BATS MOAT opened at $90.41 on Tuesday. VanEck Morningstar Wide Moat ETF has a 12 month low of $83.63 and a 12 month high of $99.06. The firm has a market capitalization of $14.19 billion, a PE ratio of 24.84 and a beta of 1.04. The company’s 50 day simple moving average is $92.33 and its 200 day simple moving average is $94.55.

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.