Glassy Mountain Advisors Inc. Buys 315 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Glassy Mountain Advisors Inc. grew its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 11.7% during the third quarter, Holdings Channel.com reports. The institutional investor owned 3,002 shares of the company’s stock after acquiring an additional 315 shares during the quarter. Glassy Mountain Advisors Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $291,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of VanEck Morningstar Wide Moat ETF during the 2nd quarter valued at about $26,000. Mather Group LLC. bought a new position in shares of VanEck Morningstar Wide Moat ETF during the 2nd quarter valued at about $32,000. Salomon & Ludwin LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF during the 1st quarter valued at about $36,000. Fairman Group LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF during the 2nd quarter valued at about $41,000. Finally, Clearstead Trust LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF during the 1st quarter valued at about $45,000.

VanEck Morningstar Wide Moat ETF Price Performance

BATS MOAT opened at $94.89 on Friday. The company has a market cap of $16.05 billion, a PE ratio of 28.30 and a beta of 1.01. The company has a 50 day moving average price of $95.46 and a 200 day moving average price of $90.51.

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.