Cliftonlarsonallen Wealth Advisors LLC Buys New Stake in VanEck Morningstar Wide Moat ETF $MOAT

Cliftonlarsonallen Wealth Advisors LLC purchased a new position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 21,197 shares of the company’s stock, valued at approximately $2,195,000.

Other hedge funds have also recently added to or reduced their stakes in the company. TD Waterhouse Canada Inc. purchased a new stake in VanEck Morningstar Wide Moat ETF during the third quarter worth $26,000. Harbor Investment Advisory LLC purchased a new stake in VanEck Morningstar Wide Moat ETF during the fourth quarter worth $33,000. Paladin Advisory Group LLC purchased a new stake in VanEck Morningstar Wide Moat ETF during the third quarter worth $34,000. IAG Wealth Partners LLC boosted its holdings in VanEck Morningstar Wide Moat ETF by 228.7% during the third quarter. IAG Wealth Partners LLC now owns 378 shares of the company’s stock worth $37,000 after buying an additional 263 shares in the last quarter. Finally, Flagship Harbor Advisors LLC purchased a new stake in VanEck Morningstar Wide Moat ETF during the fourth quarter worth $46,000.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of BATS MOAT opened at $98.60 on Thursday. The company’s fifty day moving average price is $101.88 and its 200 day moving average price is $102.48. VanEck Morningstar Wide Moat ETF has a 1 year low of $75.63 and a 1 year high of $108.10. The company has a market capitalization of $13.31 billion, a PE ratio of 22.53 and a beta of 1.02.

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. MOAT was launched on Apr 25, 2012 and is managed by VanEck.