Mengis Capital Management Inc. Purchases 1,719 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Mengis Capital Management Inc. boosted its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 3.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 54,983 shares of the company’s stock after buying an additional 1,719 shares during the quarter. VanEck Morningstar Wide Moat ETF makes up approximately 1.0% of Mengis Capital Management Inc.’s investment portfolio, making the stock its 22nd largest position. Mengis Capital Management Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $5,331,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Aptus Capital Advisors LLC increased its stake in shares of VanEck Morningstar Wide Moat ETF by 9.7% in the third quarter. Aptus Capital Advisors LLC now owns 16,034 shares of the company’s stock valued at $1,554,000 after buying an additional 1,416 shares during the period. WealthPlan Investment Management LLC increased its position in shares of VanEck Morningstar Wide Moat ETF by 9.1% during the third quarter. WealthPlan Investment Management LLC now owns 58,152 shares of the company’s stock worth $5,638,000 after buying an additional 4,869 shares during the period. Tacita Capital Inc raised its stake in VanEck Morningstar Wide Moat ETF by 4.6% during the third quarter. Tacita Capital Inc now owns 69,451 shares of the company’s stock worth $6,733,000 after buying an additional 3,064 shares during the last quarter. Colonial River Investments LLC lifted its holdings in VanEck Morningstar Wide Moat ETF by 2.9% in the third quarter. Colonial River Investments LLC now owns 4,288 shares of the company’s stock valued at $416,000 after buying an additional 120 shares during the period. Finally, Axxcess Wealth Management LLC grew its holdings in VanEck Morningstar Wide Moat ETF by 2.9% during the 3rd quarter. Axxcess Wealth Management LLC now owns 4,288 shares of the company’s stock worth $416,000 after acquiring an additional 120 shares during the period.

VanEck Morningstar Wide Moat ETF Trading Down 0.6 %

Shares of MOAT stock opened at $97.40 on Wednesday. The stock’s 50 day moving average is $95.74 and its 200 day moving average is $91.12. The firm has a market cap of $16.47 billion, a P/E ratio of 28.30 and a beta of 1.01.

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.