Dynamic Advisor Solutions LLC Sells 224,677 Shares of VanEck Morningstar Wide Moat ETF $MOAT

Dynamic Advisor Solutions LLC decreased its stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 98.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,738 shares of the company’s stock after selling 224,677 shares during the period. Dynamic Advisor Solutions LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $284,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Mercer Global Advisors Inc. ADV raised its holdings in VanEck Morningstar Wide Moat ETF by 1,690.5% during the third quarter. Mercer Global Advisors Inc. ADV now owns 794,616 shares of the company’s stock worth $78,727,000 after acquiring an additional 750,236 shares in the last quarter. Orion Porfolio Solutions LLC boosted its position in VanEck Morningstar Wide Moat ETF by 1,387.0% during the second quarter. Orion Porfolio Solutions LLC now owns 611,633 shares of the company’s stock valued at $57,365,000 after purchasing an additional 570,500 shares during the last quarter. Foguth Wealth Management LLC. bought a new position in VanEck Morningstar Wide Moat ETF in the fourth quarter valued at approximately $18,309,000. Jones Financial Companies Lllp increased its position in shares of VanEck Morningstar Wide Moat ETF by 10.9% during the 3rd quarter. Jones Financial Companies Lllp now owns 1,101,252 shares of the company’s stock worth $108,275,000 after purchasing an additional 108,068 shares during the last quarter. Finally, NewEdge Advisors LLC increased its position in shares of VanEck Morningstar Wide Moat ETF by 71.0% during the 3rd quarter. NewEdge Advisors LLC now owns 258,173 shares of the company’s stock worth $25,587,000 after purchasing an additional 107,159 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Stock Down 2.0%

Shares of VanEck Morningstar Wide Moat ETF stock opened at $94.29 on Friday. The stock has a market cap of $12.73 billion, a P/E ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a 12-month low of $75.43 and a 12-month high of $108.10. The business’s 50 day moving average is $103.50 and its 200-day moving average is $102.57.

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