Bank of Montreal Can Buys 377 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Bank of Montreal Can grew its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 7.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,442 shares of the company’s stock after purchasing an additional 377 shares during the period. Bank of Montreal Can’s holdings in VanEck Morningstar Wide Moat ETF were worth $505,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Soundwatch Capital LLC raised its position in shares of VanEck Morningstar Wide Moat ETF by 3.9% in the 4th quarter. Soundwatch Capital LLC now owns 12,672 shares of the company’s stock worth $1,175,000 after acquiring an additional 476 shares in the last quarter. Ruggaard & Associates LLC lifted its position in VanEck Morningstar Wide Moat ETF by 1.2% during the fourth quarter. Ruggaard & Associates LLC now owns 135,025 shares of the company’s stock valued at $12,520,000 after buying an additional 1,630 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of VanEck Morningstar Wide Moat ETF by 5.5% during the 4th quarter. Envestnet Asset Management Inc. now owns 597,826 shares of the company’s stock valued at $55,433,000 after buying an additional 30,953 shares in the last quarter. Perennial Investment Advisors LLC grew its position in shares of VanEck Morningstar Wide Moat ETF by 6.8% in the 4th quarter. Perennial Investment Advisors LLC now owns 5,728 shares of the company’s stock worth $531,000 after buying an additional 364 shares during the period. Finally, Wells Fargo & Company MN increased its stake in shares of VanEck Morningstar Wide Moat ETF by 2.9% in the 4th quarter. Wells Fargo & Company MN now owns 2,714,039 shares of the company’s stock worth $251,659,000 after acquiring an additional 77,724 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Price Performance

BATS:MOAT opened at $79.56 on Tuesday. VanEck Morningstar Wide Moat ETF has a one year low of $75.43 and a one year high of $99.06. The company’s 50-day simple moving average is $87.54 and its 200 day simple moving average is $92.75. The firm has a market capitalization of $11.86 billion, a P/E ratio of 23.67 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.