Pursue Wealth Partners LLC Boosts Stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Pursue Wealth Partners LLC increased its stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 5.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 76,732 shares of the company’s stock after purchasing an additional 3,815 shares during the quarter. VanEck Morningstar Wide Moat ETF makes up approximately 4.2% of Pursue Wealth Partners LLC’s portfolio, making the stock its 7th biggest holding. Pursue Wealth Partners LLC owned 0.06% of VanEck Morningstar Wide Moat ETF worth $6,512,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of MOAT. Brookstone Capital Management increased its holdings in shares of VanEck Morningstar Wide Moat ETF by 12.0% in the third quarter. Brookstone Capital Management now owns 557,824 shares of the company’s stock worth $41,480,000 after purchasing an additional 59,940 shares during the period. Commonwealth Equity Services LLC boosted its position in VanEck Morningstar Wide Moat ETF by 13.4% during the third quarter. Commonwealth Equity Services LLC now owns 2,016,840 shares of the company’s stock valued at $152,957,000 after buying an additional 238,387 shares during the period. FAS Wealth Partners Inc. boosted its position in VanEck Morningstar Wide Moat ETF by 8.9% during the third quarter. FAS Wealth Partners Inc. now owns 2,428 shares of the company’s stock valued at $184,000 after buying an additional 198 shares during the period. Sheets Smith Wealth Management boosted its holdings in shares of VanEck Morningstar Wide Moat ETF by 129.4% during the third quarter. Sheets Smith Wealth Management now owns 9,883 shares of the company’s stock worth $750,000 after purchasing an additional 5,575 shares during the period. Finally, YHB Investment Advisors Inc. boosted its holdings in shares of VanEck Morningstar Wide Moat ETF by 64.7% during the third quarter. YHB Investment Advisors Inc. now owns 70,819 shares of the company’s stock worth $5,371,000 after purchasing an additional 27,818 shares during the period.

VanEck Morningstar Wide Moat ETF Trading Up 0.7 %

Shares of VanEck Morningstar Wide Moat ETF stock traded up $0.56 during trading on Friday, reaching $86.03. 525,953 shares of the stock were exchanged. The stock’s 50-day moving average is $87.05 and its two-hundred day moving average is $82.76. The firm has a market cap of $14.50 billion, a price-to-earnings ratio of 27.21 and a beta of 1.03.

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.