Summit Wealth Partners LLC Acquires 4,768 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Summit Wealth Partners LLC grew its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 32.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,344 shares of the company’s stock after acquiring an additional 4,768 shares during the period. Summit Wealth Partners LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $1,675,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. bought a new stake in VanEck Morningstar Wide Moat ETF during the second quarter valued at about $26,000. Mather Group LLC. bought a new position in shares of VanEck Morningstar Wide Moat ETF during the 2nd quarter valued at approximately $32,000. Salomon & Ludwin LLC purchased a new stake in VanEck Morningstar Wide Moat ETF in the 1st quarter worth approximately $36,000. Global Trust Asset Management LLC increased its holdings in VanEck Morningstar Wide Moat ETF by 80.0% in the 1st quarter. Global Trust Asset Management LLC now owns 450 shares of the company’s stock worth $40,000 after acquiring an additional 200 shares in the last quarter. Finally, Fairman Group LLC bought a new stake in VanEck Morningstar Wide Moat ETF during the 2nd quarter worth approximately $41,000.

VanEck Morningstar Wide Moat ETF Trading Down 0.9 %

Shares of BATS MOAT opened at $96.12 on Wednesday. The stock has a market capitalization of $16.25 billion, a PE ratio of 28.30 and a beta of 1.01. The stock has a 50-day moving average price of $92.86 and a two-hundred day moving average price of $89.19.

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.