FWG Holdings LLC Has $8.11 Million Holdings in VanEck Morningstar Wide Moat ETF $MOAT

FWG Holdings LLC boosted its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 1.9% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 83,652 shares of the company’s stock after buying an additional 1,529 shares during the period. VanEck Morningstar Wide Moat ETF makes up approximately 3.8% of FWG Holdings LLC’s holdings, making the stock its 6th biggest holding. FWG Holdings LLC owned 0.06% of VanEck Morningstar Wide Moat ETF worth $8,113,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Boulay Financial Advisors LLC acquired a new stake in shares of VanEck Morningstar Wide Moat ETF during the first quarter worth $159,237,000. GGM Financials LLC bought a new position in VanEck Morningstar Wide Moat ETF during the 2nd quarter worth about $25,124,000. Summit Financial LLC raised its stake in shares of VanEck Morningstar Wide Moat ETF by 4,808.6% in the 1st quarter. Summit Financial LLC now owns 259,028 shares of the company’s stock valued at $22,795,000 after purchasing an additional 253,751 shares during the period. Assetmark Inc. lifted its holdings in shares of VanEck Morningstar Wide Moat ETF by 310.9% in the second quarter. Assetmark Inc. now owns 291,184 shares of the company’s stock valued at $27,310,000 after purchasing an additional 220,316 shares in the last quarter. Finally, Concurrent Investment Advisors LLC lifted its holdings in shares of VanEck Morningstar Wide Moat ETF by 560.9% in the second quarter. Concurrent Investment Advisors LLC now owns 247,757 shares of the company’s stock valued at $23,237,000 after purchasing an additional 210,268 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of VanEck Morningstar Wide Moat ETF stock opened at $100.46 on Wednesday. The firm has a market cap of $13.56 billion, a PE ratio of 22.53 and a beta of 1.02. The business’s 50 day simple moving average is $99.62 and its 200 day simple moving average is $95.18. VanEck Morningstar Wide Moat ETF has a 52-week low of $75.43 and a 52-week high of $99.41.

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.