Truvestments Capital LLC Invests $70,000 in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Truvestments Capital LLC purchased a new position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 722 shares of the company’s stock, valued at approximately $70,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of MOAT. O Shaughnessy Asset Management LLC lifted its holdings in shares of VanEck Morningstar Wide Moat ETF by 196.4% in the first quarter. O Shaughnessy Asset Management LLC now owns 1,082 shares of the company’s stock worth $97,000 after buying an additional 717 shares in the last quarter. Comerica Bank raised its stake in VanEck Morningstar Wide Moat ETF by 12.9% in the first quarter. Comerica Bank now owns 51,372 shares of the company’s stock valued at $4,618,000 after purchasing an additional 5,852 shares in the last quarter. XML Financial LLC raised its stake in VanEck Morningstar Wide Moat ETF by 155.8% in the first quarter. XML Financial LLC now owns 8,110 shares of the company’s stock valued at $729,000 after purchasing an additional 4,940 shares in the last quarter. ARQ Wealth Advisors LLC raised its stake in VanEck Morningstar Wide Moat ETF by 11.5% in the first quarter. ARQ Wealth Advisors LLC now owns 6,553 shares of the company’s stock valued at $589,000 after purchasing an additional 674 shares in the last quarter. Finally, Cetera Investment Advisers raised its stake in VanEck Morningstar Wide Moat ETF by 675.1% in the first quarter. Cetera Investment Advisers now owns 655,462 shares of the company’s stock valued at $58,926,000 after purchasing an additional 570,901 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of MOAT opened at $98.51 on Wednesday. The company has a fifty day moving average of $96.21 and a 200 day moving average of $91.82. The stock has a market capitalization of $16.66 billion, a P/E ratio of 28.30 and a beta of 1.01.

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.