Bay Capital Advisors LLC Invests $333,000 in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Bay Capital Advisors LLC purchased a new stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,592 shares of the company’s stock, valued at approximately $333,000.

A number of other hedge funds have also recently bought and sold shares of the business. Trilogy Capital Inc. raised its stake in VanEck Morningstar Wide Moat ETF by 1.2% during the fourth quarter. Trilogy Capital Inc. now owns 8,531 shares of the company’s stock valued at $791,000 after buying an additional 104 shares in the last quarter. PFG Investments LLC increased its holdings in shares of VanEck Morningstar Wide Moat ETF by 1.0% in the 4th quarter. PFG Investments LLC now owns 11,817 shares of the company’s stock valued at $1,096,000 after acquiring an additional 121 shares during the last quarter. Comprehensive Financial Consultants Institutional Inc. raised its position in shares of VanEck Morningstar Wide Moat ETF by 0.6% during the 4th quarter. Comprehensive Financial Consultants Institutional Inc. now owns 19,292 shares of the company’s stock valued at $1,789,000 after acquiring an additional 123 shares in the last quarter. Glass Jacobson Investment Advisors llc lifted its stake in VanEck Morningstar Wide Moat ETF by 4.6% during the third quarter. Glass Jacobson Investment Advisors llc now owns 2,826 shares of the company’s stock worth $274,000 after purchasing an additional 125 shares during the last quarter. Finally, Cornell Pochily Investment Advisors Inc. boosted its holdings in VanEck Morningstar Wide Moat ETF by 0.5% in the fourth quarter. Cornell Pochily Investment Advisors Inc. now owns 25,300 shares of the company’s stock worth $2,346,000 after purchasing an additional 130 shares during the period.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of BATS:MOAT opened at $90.41 on Tuesday. The company’s fifty day moving average is $92.33 and its two-hundred day moving average is $94.55. VanEck Morningstar Wide Moat ETF has a 1-year low of $83.63 and a 1-year high of $99.06. The stock has a market capitalization of $14.19 billion, a price-to-earnings ratio of 24.84 and a beta of 1.04.

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.