Truvestments Capital LLC Invests $70,000 in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Truvestments Capital LLC bought a new position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 722 shares of the company’s stock, valued at approximately $70,000.

Several other institutional investors have also recently made changes to their positions in MOAT. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of VanEck Morningstar Wide Moat ETF in the 2nd quarter worth $26,000. Mather Group LLC. bought a new position in VanEck Morningstar Wide Moat ETF during the second quarter valued at about $32,000. Pinnacle Financial Partners Inc grew its position in VanEck Morningstar Wide Moat ETF by 81.1% during the third quarter. Pinnacle Financial Partners Inc now owns 373 shares of the company’s stock valued at $36,000 after buying an additional 167 shares during the period. Fairman Group LLC bought a new position in VanEck Morningstar Wide Moat ETF during the second quarter valued at about $41,000. Finally, Cullen Frost Bankers Inc. bought a new position in VanEck Morningstar Wide Moat ETF during the second quarter valued at about $50,000.

VanEck Morningstar Wide Moat ETF Stock Performance

MOAT opened at $98.51 on Wednesday. The company has a market capitalization of $16.66 billion, a price-to-earnings ratio of 28.30 and a beta of 1.01. The firm’s fifty day moving average is $96.21 and its 200-day moving average is $91.82.

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.