Pinnacle Bancorp Inc. Acquires Shares of 672 VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Pinnacle Bancorp Inc. bought a new position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 672 shares of the company’s stock, valued at approximately $60,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Global Trust Asset Management LLC increased its holdings in VanEck Morningstar Wide Moat ETF by 80.0% in the first quarter. Global Trust Asset Management LLC now owns 450 shares of the company’s stock valued at $40,000 after purchasing an additional 200 shares during the last quarter. Cape Investment Advisory Inc. raised its position in shares of VanEck Morningstar Wide Moat ETF by 93.8% in the 4th quarter. Cape Investment Advisory Inc. now owns 469 shares of the company’s stock valued at $40,000 after acquiring an additional 227 shares during the period. Scarborough Advisors LLC bought a new position in VanEck Morningstar Wide Moat ETF during the 4th quarter worth approximately $49,000. Jones Financial Companies Lllp acquired a new position in VanEck Morningstar Wide Moat ETF during the fourth quarter valued at approximately $56,000. Finally, Pineridge Advisors LLC bought a new stake in VanEck Morningstar Wide Moat ETF in the fourth quarter valued at approximately $60,000.

VanEck Morningstar Wide Moat ETF Trading Down 0.4 %

MOAT opened at $86.61 on Friday. The firm has a market capitalization of $14.65 billion, a price-to-earnings ratio of 28.30 and a beta of 1.01. The stock has a fifty day moving average price of $87.00 and a two-hundred day moving average price of $86.16.

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.