Turning Point Benefit Group Inc. Acquires 6,381 Shares of VanEck Morningstar Wide Moat ETF $MOAT

Turning Point Benefit Group Inc. lifted its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 27.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 29,293 shares of the company’s stock after acquiring an additional 6,381 shares during the period. VanEck Morningstar Wide Moat ETF makes up approximately 1.6% of Turning Point Benefit Group Inc.’s portfolio, making the stock its 16th biggest position. Turning Point Benefit Group Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $3,034,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in MOAT. Pekin Hardy Strauss Inc. increased its position in VanEck Morningstar Wide Moat ETF by 10.6% in the 4th quarter. Pekin Hardy Strauss Inc. now owns 11,995 shares of the company’s stock valued at $1,242,000 after buying an additional 1,150 shares in the last quarter. Capital Developers LLC bought a new stake in VanEck Morningstar Wide Moat ETF in the 4th quarter valued at about $4,062,000. Samalin Investment Counsel LLC increased its position in VanEck Morningstar Wide Moat ETF by 2.6% in the 4th quarter. Samalin Investment Counsel LLC now owns 7,742 shares of the company’s stock valued at $802,000 after buying an additional 197 shares in the last quarter. Dumont & Blake Investment Advisors LLC increased its position in VanEck Morningstar Wide Moat ETF by 6.6% in the 4th quarter. Dumont & Blake Investment Advisors LLC now owns 15,318 shares of the company’s stock valued at $1,586,000 after buying an additional 945 shares in the last quarter. Finally, Facet Wealth Inc. bought a new stake in VanEck Morningstar Wide Moat ETF in the 4th quarter valued at about $249,000.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of VanEck Morningstar Wide Moat ETF stock opened at $100.09 on Wednesday. VanEck Morningstar Wide Moat ETF has a one year low of $84.23 and a one year high of $108.10. The firm has a market capitalization of $13.51 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02. The business has a 50-day simple moving average of $100.63 and a 200 day simple moving average of $102.62.

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. MOAT was launched on Apr 25, 2012 and is managed by VanEck.