VanEck Morningstar Wide Moat ETF $MOAT Stock Position Lowered by Farther Finance Advisors LLC

Farther Finance Advisors LLC decreased its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 36.8% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 45,847 shares of the company’s stock after selling 26,740 shares during the period. Farther Finance Advisors LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $4,544,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Decker Retirement Planning Inc. purchased a new stake in shares of VanEck Morningstar Wide Moat ETF in the second quarter valued at $27,000. Keystone Global Partners LLC purchased a new stake in VanEck Morningstar Wide Moat ETF in the 2nd quarter worth about $28,000. Intelligent Financial Strategies acquired a new stake in VanEck Morningstar Wide Moat ETF during the 2nd quarter worth about $30,000. Atlantic Union Bankshares Corp purchased a new position in VanEck Morningstar Wide Moat ETF during the 2nd quarter valued at about $34,000. Finally, Banque Transatlantique SA acquired a new position in shares of VanEck Morningstar Wide Moat ETF in the 1st quarter valued at about $36,000.

VanEck Morningstar Wide Moat ETF Price Performance

BATS MOAT opened at $104.69 on Thursday. The firm has a market capitalization of $14.13 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02. 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 has a 52-week low of $75.43 and a 52-week high of $99.41.

VanEck Morningstar Wide Moat ETF 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.