Goldman Sachs Group Inc. Makes New Investment in VanEck Morningstar Wide Moat ETF $MOAT

Goldman Sachs Group Inc. acquired a new position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) during the first quarter, according to the company in its most recent filing with the SEC. The fund acquired 12,131 shares of the company’s stock, valued at approximately $1,068,000.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Boulay Financial Advisors LLC acquired a new position in shares of VanEck Morningstar Wide Moat ETF in the 1st quarter valued at approximately $159,237,000. Jones Financial Companies Lllp raised its stake in VanEck Morningstar Wide Moat ETF by 29.6% during the first quarter. Jones Financial Companies Lllp now owns 882,771 shares of the company’s stock worth $77,410,000 after acquiring an additional 201,826 shares during the period. Obermeyer Wealth Partners raised its stake in VanEck Morningstar Wide Moat ETF by 3.5% during the first quarter. Obermeyer Wealth Partners now owns 881,212 shares of the company’s stock worth $77,547,000 after acquiring an additional 29,800 shares during the period. Cetera Investment Advisers raised its stake in VanEck Morningstar Wide Moat ETF by 5.2% during the first quarter. Cetera Investment Advisers now owns 806,650 shares of the company’s stock worth $70,985,000 after acquiring an additional 39,664 shares during the period. Finally, Envestnet Asset Management Inc. increased its position in VanEck Morningstar Wide Moat ETF by 9.3% in the first quarter. Envestnet Asset Management Inc. now owns 653,438 shares of the company’s stock worth $57,503,000 after buying an additional 55,612 shares during the period.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of BATS MOAT opened at $99.16 on Monday. The business’s fifty day moving average price is $97.62 and its two-hundred day moving average price is $91.81. VanEck Morningstar Wide Moat ETF has a 1-year low of $75.43 and a 1-year high of $99.41. The firm has a market capitalization of $13.39 billion, a PE ratio of 22.53 and a beta of 1.02.

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.