Opal Wealth Advisors LLC Makes New $4.90 Million Investment in VanEck Morningstar Wide Moat ETF $MOAT

Opal Wealth Advisors LLC bought a new position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 46,361 shares of the company’s stock, valued at approximately $4,901,000. VanEck Morningstar Wide Moat ETF accounts for 1.0% of Opal Wealth Advisors LLC’s investment portfolio, making the stock its 17th largest holding.

Other large investors have also recently added to or reduced their stakes in the company. RDA Financial Network raised its stake in shares of VanEck Morningstar Wide Moat ETF by 0.4% in the 2nd quarter. RDA Financial Network now owns 35,413 shares of the company’s stock valued at $3,682,000 after purchasing an additional 150 shares during the period. Root Financial Partners LLC lifted its holdings in shares of VanEck Morningstar Wide Moat ETF by 1.6% in the first quarter. Root Financial Partners LLC now owns 9,799 shares of the company’s stock valued at $948,000 after purchasing an additional 152 shares in the last quarter. Blue Trust Inc. boosted its position in shares of VanEck Morningstar Wide Moat ETF by 86.0% during the first quarter. Blue Trust Inc. now owns 398 shares of the company’s stock worth $39,000 after buying an additional 184 shares during the period. World Investment Advisors boosted its position in shares of VanEck Morningstar Wide Moat ETF by 1.3% during the fourth quarter. World Investment Advisors now owns 16,868 shares of the company’s stock worth $1,747,000 after buying an additional 211 shares during the period. Finally, Randolph Co Inc boosted its position in shares of VanEck Morningstar Wide Moat ETF by 11.5% during the first quarter. Randolph Co Inc now owns 2,440 shares of the company’s stock worth $236,000 after buying an additional 251 shares during the period.

VanEck Morningstar Wide Moat ETF Stock Down 0.5%

Shares of BATS:MOAT traded down $0.60 during mid-day trading on Friday, reaching $110.63. 505,190 shares of the stock were exchanged, compared to its average volume of 833,305. The company has a market cap of $14.94 billion, a P/E ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a one year low of $94.07 and a one year high of $115.58. The stock’s 50 day simple moving average is $110.46 and its 200-day simple moving average is $105.45.

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.