VanEck Morningstar Wide Moat ETF (BATS:MOAT) is Objectivity Squared LLC’s 5th Largest Position

Objectivity Squared LLC grew its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 6.6% during the 2nd quarter, HoldingsChannel reports. The fund owned 113,011 shares of the company’s stock after acquiring an additional 6,992 shares during the period. VanEck Morningstar Wide Moat ETF accounts for 7.8% of Objectivity Squared LLC’s holdings, making the stock its 5th biggest position. Objectivity Squared LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $10,113,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of MOAT. Cozad Asset Management Inc. raised its position in VanEck Morningstar Wide Moat ETF by 58.9% during the fourth quarter. Cozad Asset Management Inc. now owns 11,609 shares of the company’s stock valued at $985,000 after acquiring an additional 4,305 shares in the last quarter. Hudson Value Partners LLC raised its holdings in shares of VanEck Morningstar Wide Moat ETF by 5.9% during the 4th quarter. Hudson Value Partners LLC now owns 10,694 shares of the company’s stock valued at $908,000 after purchasing an additional 597 shares in the last quarter. United Community Bank acquired a new stake in shares of VanEck Morningstar Wide Moat ETF in the 4th quarter valued at $345,000. Cornerstone Advisory LLC boosted its holdings in VanEck Morningstar Wide Moat ETF by 18.0% in the fourth quarter. Cornerstone Advisory LLC now owns 108,631 shares of the company’s stock worth $9,220,000 after purchasing an additional 16,548 shares in the last quarter. Finally, Calton & Associates Inc. bought a new stake in VanEck Morningstar Wide Moat ETF in the first quarter worth $204,000.

VanEck Morningstar Wide Moat ETF Price Performance

BATS MOAT traded up $0.25 during trading on Friday, hitting $92.25. 328,061 shares of the company traded hands. The business’s 50 day simple moving average is $88.00 and its two-hundred day simple moving average is $87.29. The company has a market cap of $15.60 billion, a P/E ratio of 28.30 and a beta of 1.01.

VanEck Morningstar Wide Moat ETF Company 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.