VanEck Morningstar Wide Moat ETF (BATS:MOAT) is Sugar Maple Asset Management LLC’s 7th Largest Position

Sugar Maple Asset Management LLC grew its position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 17.5% during the third quarter, according to its most recent filing with the SEC. The firm owned 54,993 shares of the company’s stock after acquiring an additional 8,190 shares during the period. VanEck Morningstar Wide Moat ETF comprises about 4.6% of Sugar Maple Asset Management LLC’s holdings, making the stock its 7th largest holding. Sugar Maple Asset Management LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $5,332,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in MOAT. Mesirow Financial Investment Management Inc. lifted its position in VanEck Morningstar Wide Moat ETF by 3.6% during the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 2,641,655 shares of the company’s stock valued at $256,113,000 after acquiring an additional 91,428 shares during the period. Commonwealth Equity Services LLC increased its stake in shares of VanEck Morningstar Wide Moat ETF by 1.2% during the second quarter. Commonwealth Equity Services LLC now owns 2,489,450 shares of the company’s stock valued at $215,611,000 after purchasing an additional 30,142 shares in the last quarter. Raymond James & Associates lifted its holdings in shares of VanEck Morningstar Wide Moat ETF by 0.3% during the third quarter. Raymond James & Associates now owns 2,386,177 shares of the company’s stock valued at $231,340,000 after purchasing an additional 7,909 shares during the last quarter. CWM LLC boosted its position in shares of VanEck Morningstar Wide Moat ETF by 10.5% in the 3rd quarter. CWM LLC now owns 1,152,800 shares of the company’s stock worth $111,764,000 after purchasing an additional 109,394 shares in the last quarter. Finally, First Foundation Advisors grew its stake in shares of VanEck Morningstar Wide Moat ETF by 5.4% in the 2nd quarter. First Foundation Advisors now owns 1,074,614 shares of the company’s stock worth $93,072,000 after buying an additional 55,283 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Trading Down 1.8 %

MOAT stock opened at $94.69 on Friday. The company’s fifty day moving average is $95.88 and its 200 day moving average is $91.30. The company has a market cap of $16.01 billion, a price-to-earnings ratio of 28.30 and a beta of 1.01.

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.