Howard Financial Services LTD. Has $8.09 Million Stock Position in VanEck Morningstar Wide Moat ETF $MOAT

Howard Financial Services LTD. reduced its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 4.4% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 86,295 shares of the company’s stock after selling 3,993 shares during the quarter. VanEck Morningstar Wide Moat ETF makes up about 1.1% of Howard Financial Services LTD.’s portfolio, making the stock its 25th largest holding. Howard Financial Services LTD.’s holdings in VanEck Morningstar Wide Moat ETF were worth $8,094,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MOAT. Boulay Financial Advisors LLC acquired a new position in VanEck Morningstar Wide Moat ETF in the 1st quarter valued at approximately $159,237,000. Summit Financial LLC increased its position in VanEck Morningstar Wide Moat ETF by 4,808.6% in the 1st quarter. Summit Financial LLC now owns 259,028 shares of the company’s stock valued at $22,795,000 after acquiring an additional 253,751 shares during the period. Dynamic Advisor Solutions LLC acquired a new position in VanEck Morningstar Wide Moat ETF in the 1st quarter valued at approximately $19,724,000. Jones Financial Companies Lllp increased its position in VanEck Morningstar Wide Moat ETF by 29.6% in the 1st quarter. Jones Financial Companies Lllp now owns 882,771 shares of the company’s stock valued at $77,410,000 after acquiring an additional 201,826 shares during the period. Finally, Richmond Investment Services LLC acquired a new position in VanEck Morningstar Wide Moat ETF in the 4th quarter valued at approximately $15,006,000.

VanEck Morningstar Wide Moat ETF Stock Up 5.6%

MOAT opened at $97.42 on Friday. VanEck Morningstar Wide Moat ETF has a twelve month low of $75.43 and a twelve month high of $99.41. The company has a fifty day moving average of $97.45 and a 200-day moving average of $91.59. The stock has a market cap of $13.15 billion, a PE ratio of 22.53 and a beta of 1.02.

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.