DAVENPORT & Co LLC Cuts Position in VanEck Morningstar Wide Moat ETF $MOAT

DAVENPORT & Co LLC trimmed its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 7.1% in the third quarter, HoldingsChannel.com reports. The fund owned 169,613 shares of the company’s stock after selling 13,053 shares during the period. DAVENPORT & Co LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $16,810,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of the business. Iams Wealth Management LLC boosted its position in VanEck Morningstar Wide Moat ETF by 2.1% in the second quarter. Iams Wealth Management LLC now owns 5,105 shares of the company’s stock worth $479,000 after purchasing an additional 105 shares during the last quarter. Glass Jacobson Investment Advisors llc boosted its holdings in shares of VanEck Morningstar Wide Moat ETF by 4.5% in the 2nd quarter. Glass Jacobson Investment Advisors llc now owns 2,990 shares of the company’s stock worth $280,000 after buying an additional 129 shares during the last quarter. Brighton Jones LLC boosted its holdings in shares of VanEck Morningstar Wide Moat ETF by 2.8% in the 2nd quarter. Brighton Jones LLC now owns 5,184 shares of the company’s stock worth $486,000 after buying an additional 141 shares during the last quarter. Dumont & Blake Investment Advisors LLC grew its position in VanEck Morningstar Wide Moat ETF by 1.4% during the second quarter. Dumont & Blake Investment Advisors LLC now owns 13,736 shares of the company’s stock valued at $1,288,000 after buying an additional 184 shares during the period. Finally, Ayalon Insurance Comp Ltd. grew its position in VanEck Morningstar Wide Moat ETF by 0.5% during the second quarter. Ayalon Insurance Comp Ltd. now owns 40,145 shares of the company’s stock valued at $3,765,000 after buying an additional 190 shares during the period.

VanEck Morningstar Wide Moat ETF Stock Performance

BATS MOAT opened at $104.69 on Thursday. The company has a market capitalization of $14.13 billion, a PE ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a 52-week low of $75.43 and a 52-week high of $99.41. The company has a 50-day simple moving average of $102.42 and a 200 day simple moving average of $98.85.

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.