Creekside Partners Takes Position in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Creekside Partners purchased a new position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 26,548 shares of the company’s stock, valued at approximately $2,299,000. VanEck Morningstar Wide Moat ETF accounts for approximately 1.3% of Creekside Partners’ investment portfolio, making the stock its 21st largest position.

Several other large investors have also recently added to or reduced their stakes in MOAT. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of VanEck Morningstar Wide Moat ETF during the second quarter valued at approximately $26,000. Mather Group LLC. purchased a new stake in VanEck Morningstar Wide Moat ETF during the 2nd quarter worth $32,000. Salomon & Ludwin LLC acquired a new position in VanEck Morningstar Wide Moat ETF in the 1st quarter worth $36,000. Global Trust Asset Management LLC boosted its position in VanEck Morningstar Wide Moat ETF by 80.0% in the 1st quarter. Global Trust Asset Management LLC now owns 450 shares of the company’s stock valued at $40,000 after buying an additional 200 shares during the last quarter. Finally, Fairman Group LLC acquired a new stake in shares of VanEck Morningstar Wide Moat ETF during the second quarter valued at about $41,000.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of BATS MOAT opened at $96.12 on Wednesday. The stock’s 50-day simple moving average is $92.86 and its 200-day simple moving average is $89.19. The stock has a market capitalization of $16.25 billion, a price-to-earnings ratio of 28.30 and a beta of 1.01.

VanEck Morningstar Wide Moat ETF 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.