Commonwealth Financial Services LLC Has $400,000 Stock Holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Commonwealth Financial Services LLC increased its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 5.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 4,644 shares of the company’s stock after buying an additional 260 shares during the period. Commonwealth Financial Services LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $400,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Gilbert & Cook Inc. grew its position in VanEck Morningstar Wide Moat ETF by 14.7% in the fourth quarter. Gilbert & Cook Inc. now owns 9,229 shares of the company’s stock worth $783,000 after acquiring an additional 1,182 shares in the last quarter. 9258 Wealth Management LLC boosted its holdings in VanEck Morningstar Wide Moat ETF by 4.6% in the fourth quarter. 9258 Wealth Management LLC now owns 22,017 shares of the company’s stock worth $1,869,000 after purchasing an additional 965 shares in the last quarter. PNC Financial Services Group Inc. increased its position in VanEck Morningstar Wide Moat ETF by 12.7% during the fourth quarter. PNC Financial Services Group Inc. now owns 28,243 shares of the company’s stock worth $2,397,000 after buying an additional 3,189 shares during the last quarter. Corient Private Wealth LLC raised its holdings in VanEck Morningstar Wide Moat ETF by 5.3% during the fourth quarter. Corient Private Wealth LLC now owns 114,839 shares of the company’s stock valued at $9,746,000 after buying an additional 5,737 shares in the last quarter. Finally, CreativeOne Wealth LLC bought a new position in VanEck Morningstar Wide Moat ETF during the fourth quarter valued at about $253,000.

VanEck Morningstar Wide Moat ETF Stock Performance

MOAT opened at $95.07 on Monday. The company has a market cap of $16.08 billion, a P/E ratio of 28.30 and a beta of 1.01. The business’s 50-day moving average is $91.84 and its 200-day moving average is $88.79.

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.