Kelman Lazarov Inc. Has $51.35 Million Position in VanEck Morningstar Wide Moat ETF $MOAT

Kelman Lazarov Inc. increased its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 1.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 547,529 shares of the company’s stock after buying an additional 10,448 shares during the quarter. VanEck Morningstar Wide Moat ETF comprises 8.3% of Kelman Lazarov Inc.’s portfolio, making the stock its 3rd largest holding. Kelman Lazarov Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $51,353,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in MOAT. Garrison Bradford & Associates Inc. acquired a new stake in VanEck Morningstar Wide Moat ETF in the first quarter worth approximately $26,000. N.E.W. Advisory Services LLC acquired a new stake in VanEck Morningstar Wide Moat ETF in the first quarter worth approximately $26,000. Keystone Global Partners LLC acquired a new stake in VanEck Morningstar Wide Moat ETF in the second quarter worth approximately $28,000. Financial Gravity Asset Management Inc. acquired a new stake in VanEck Morningstar Wide Moat ETF in the first quarter worth approximately $29,000. Finally, Golden State Wealth Management LLC lifted its position in VanEck Morningstar Wide Moat ETF by 100.0% in the first quarter. Golden State Wealth Management LLC now owns 408 shares of the company’s stock worth $36,000 after purchasing an additional 204 shares during the period.

VanEck Morningstar Wide Moat ETF Price Performance

MOAT opened at $100.42 on Friday. The company has a market capitalization of $13.56 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a 1-year low of $75.43 and a 1-year high of $99.41. The business has a 50 day moving average price of $98.65 and a two-hundred day moving average price of $93.15.

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.