75,074 Shares of VanEck Morningstar Wide Moat ETF $MOAT Bought by Employees Retirement Fund of the City of Fort Worth

Employees Retirement Fund of the City of Fort Worth purchased a new stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) during the third quarter, according to its most recent disclosure with the SEC. The firm purchased 75,074 shares of the company’s stock, valued at approximately $7,936,000. VanEck Morningstar Wide Moat ETF makes up approximately 2.9% of Employees Retirement Fund of the City of Fort Worth’s holdings, making the stock its 12th biggest holding.

Several other institutional investors also recently bought and sold shares of the company. Commonwealth Equity Services LLC purchased a new stake in VanEck Morningstar Wide Moat ETF during the 3rd quarter worth approximately $105,396,000. Harbor Group Inc. purchased a new position in shares of VanEck Morningstar Wide Moat ETF in the third quarter valued at approximately $53,492,000. James J. Burns & Company LLC purchased a new position in shares of VanEck Morningstar Wide Moat ETF in the third quarter valued at approximately $21,287,000. Beaumont Asset Management L.L.C. acquired a new stake in shares of VanEck Morningstar Wide Moat ETF in the third quarter worth approximately $18,995,000. Finally, Absolute Gestao de Investimentos Ltda. acquired a new stake in shares of VanEck Morningstar Wide Moat ETF in the second quarter worth approximately $18,566,000.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of MOAT traded down $0.66 during trading hours on Friday, hitting $114.26. 322,856 shares of the stock were exchanged, compared to its average volume of 805,132. VanEck Morningstar Wide Moat ETF has a 12-month low of $94.07 and a 12-month high of $118.52. The company has a market cap of $11.95 billion, a price-to-earnings ratio of 22.24 and a beta of 0.97. The stock’s 50-day moving average price is $110.28 and its two-hundred day moving average price is $105.55.

VanEck Morningstar Wide Moat ETF Company 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. MOAT was launched on Apr 25, 2012 and is managed by VanEck.