VanEck Morningstar Wide Moat ETF $MOAT Position Reduced by Brookstone Capital Management

Brookstone Capital Management lowered its stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 8.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 279,045 shares of the company’s stock after selling 27,170 shares during the period. Brookstone Capital Management’s holdings in VanEck Morningstar Wide Moat ETF were worth $28,898,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of MOAT. Hoese & Co LLP bought a new position in shares of VanEck Morningstar Wide Moat ETF during the fourth quarter worth about $150,000. Waldron Private Wealth LLC acquired a new position in VanEck Morningstar Wide Moat ETF in the fourth quarter worth about $749,000. Wealthcare Advisory Partners LLC increased its holdings in VanEck Morningstar Wide Moat ETF by 1.2% in the fourth quarter. Wealthcare Advisory Partners LLC now owns 213,781 shares of the company’s stock valued at $22,139,000 after buying an additional 2,475 shares during the last quarter. Wolff Wiese Magana LLC increased its holdings in VanEck Morningstar Wide Moat ETF by 1.8% in the fourth quarter. Wolff Wiese Magana LLC now owns 15,857 shares of the company’s stock valued at $1,642,000 after buying an additional 284 shares during the last quarter. Finally, Regatta Capital Group LLC raised its stake in VanEck Morningstar Wide Moat ETF by 3.1% during the fourth quarter. Regatta Capital Group LLC now owns 475,656 shares of the company’s stock valued at $49,259,000 after buying an additional 14,467 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Stock Up 0.4%

BATS:MOAT opened at $94.68 on Tuesday. The business’s 50 day moving average is $103.25 and its two-hundred day moving average is $102.57. VanEck Morningstar Wide Moat ETF has a 52 week low of $75.43 and a 52 week high of $108.10. The company has a market cap of $12.78 billion, a PE ratio of 22.53 and a beta of 1.02.

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.