Flynn Zito Capital Management LLC Purchases Shares of 3,661 VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Flynn Zito Capital Management LLC purchased a new stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 3,661 shares of the company’s stock, valued at approximately $311,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Morgan Stanley grew its holdings in shares of VanEck Morningstar Wide Moat ETF by 20.2% during the 3rd quarter. Morgan Stanley now owns 6,783,213 shares of the company’s stock worth $514,439,000 after acquiring an additional 1,140,029 shares during the period. Raymond James Financial Services Advisors Inc. grew its holdings in shares of VanEck Morningstar Wide Moat ETF by 41.4% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 2,887,502 shares of the company’s stock worth $245,062,000 after acquiring an additional 845,137 shares during the period. Bank of New York Mellon Corp purchased a new position in shares of VanEck Morningstar Wide Moat ETF during the 3rd quarter worth approximately $45,601,000. Davidson Capital Management Inc. grew its holdings in shares of VanEck Morningstar Wide Moat ETF by 507.3% during the 3rd quarter. Davidson Capital Management Inc. now owns 668,294 shares of the company’s stock worth $50,683,000 after acquiring an additional 558,246 shares during the period. Finally, LPL Financial LLC grew its holdings in shares of VanEck Morningstar Wide Moat ETF by 8.2% during the 3rd quarter. LPL Financial LLC now owns 5,504,363 shares of the company’s stock worth $417,451,000 after acquiring an additional 418,536 shares during the period.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of MOAT stock traded down $0.34 during midday trading on Thursday, reaching $84.11. 802,422 shares of the stock were exchanged. The firm has a market cap of $14.19 billion, a price-to-earnings ratio of 27.67 and a beta of 1.02. The company has a 50-day simple moving average of $87.11 and a 200 day simple moving average of $82.26.

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.