SHP Wealth Management Invests $25.65 Million in VanEck Morningstar Wide Moat ETF $MOAT

SHP Wealth Management acquired a new position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 247,698 shares of the company’s stock, valued at approximately $25,653,000. VanEck Morningstar Wide Moat ETF accounts for about 2.0% of SHP Wealth Management’s holdings, making the stock its 11th largest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of MOAT. Mercer Global Advisors Inc. ADV lifted its position in VanEck Morningstar Wide Moat ETF by 1,690.5% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 794,616 shares of the company’s stock worth $78,727,000 after acquiring an additional 750,236 shares during the last quarter. Orion Porfolio Solutions LLC boosted its holdings in VanEck Morningstar Wide Moat ETF by 1,387.0% during the second quarter. Orion Porfolio Solutions LLC now owns 611,633 shares of the company’s stock valued at $57,365,000 after acquiring an additional 570,500 shares during the period. New England Private Wealth Advisors LLC grew its position in shares of VanEck Morningstar Wide Moat ETF by 184.4% in the fourth quarter. New England Private Wealth Advisors LLC now owns 510,560 shares of the company’s stock valued at $53,268,000 after purchasing an additional 331,044 shares during the last quarter. Southern Farm Bureau Life Insurance grew its position in shares of VanEck Morningstar Wide Moat ETF by 31.1% in the fourth quarter. Southern Farm Bureau Life Insurance now owns 1,107,967 shares of the company’s stock valued at $114,720,000 after purchasing an additional 262,940 shares during the last quarter. Finally, LPL Financial LLC increased its stake in shares of VanEck Morningstar Wide Moat ETF by 2.8% in the fourth quarter. LPL Financial LLC now owns 6,583,657 shares of the company’s stock worth $681,803,000 after purchasing an additional 180,972 shares during the period.

VanEck Morningstar Wide Moat ETF Stock Performance

VanEck Morningstar Wide Moat ETF stock opened at $102.12 on Friday. VanEck Morningstar Wide Moat ETF has a 52 week low of $90.07 and a 52 week high of $108.10. The firm has a market capitalization of $13.79 billion, a PE ratio of 22.53 and a beta of 1.02. The business’s 50-day simple moving average is $101.41 and its 200-day simple moving average is $102.78.

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.