Rockefeller Capital Management L.P. Purchases 89,477 Shares of VanEck Morningstar Wide Moat ETF $MOAT

Rockefeller Capital Management L.P. grew its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 63.7% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 230,044 shares of the company’s stock after buying an additional 89,477 shares during the period. Rockefeller Capital Management L.P.’s holdings in VanEck Morningstar Wide Moat ETF were worth $23,823,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of MOAT. World Investment Advisors grew its position in VanEck Morningstar Wide Moat ETF by 1.3% in the 4th quarter. World Investment Advisors now owns 16,868 shares of the company’s stock valued at $1,747,000 after acquiring an additional 211 shares during the last quarter. Nalls Sherbakoff Group LLC bought a new stake in shares of VanEck Morningstar Wide Moat ETF during the fourth quarter worth $228,000. Mengis Capital Management Inc. boosted its stake in shares of VanEck Morningstar Wide Moat ETF by 10.1% during the fourth quarter. Mengis Capital Management Inc. now owns 64,323 shares of the company’s stock valued at $6,661,000 after purchasing an additional 5,878 shares during the period. Bayban purchased a new stake in shares of VanEck Morningstar Wide Moat ETF during the fourth quarter valued at $118,000. Finally, SHP Wealth Management bought a new position in shares of VanEck Morningstar Wide Moat ETF in the fourth quarter worth about $25,653,000.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of MOAT stock opened at $100.99 on Tuesday. The company has a market capitalization of $13.63 billion, a P/E ratio of 22.53 and a beta of 1.02. The company’s 50-day simple moving average is $101.46 and its two-hundred day simple moving average is $102.77. VanEck Morningstar Wide Moat ETF has a one year low of $90.07 and a one year high of $108.10.

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. MOAT was launched on Apr 25, 2012 and is managed by VanEck.