VanEck Morningstar Wide Moat ETF $MOAT Shares Sold by Acorn Wealth Advisors LLC

Acorn Wealth Advisors LLC lessened its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 6.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 89,674 shares of the company’s stock after selling 6,612 shares during the quarter. VanEck Morningstar Wide Moat ETF comprises approximately 2.8% of Acorn Wealth Advisors LLC’s portfolio, making the stock its 4th largest holding. Acorn Wealth Advisors LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $9,287,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in MOAT. Rothschild Investment LLC grew its stake in VanEck Morningstar Wide Moat ETF by 18.4% during the fourth quarter. Rothschild Investment LLC now owns 1,234 shares of the company’s stock worth $128,000 after buying an additional 192 shares during the last quarter. Foundations Investment Advisors LLC grew its stake in shares of VanEck Morningstar Wide Moat ETF by 10.7% during the fourth quarter. Foundations Investment Advisors LLC now owns 64,136 shares of the company’s stock valued at $6,642,000 after purchasing an additional 6,222 shares during the last quarter. Swmg LLC grew its stake in shares of VanEck Morningstar Wide Moat ETF by 1.3% during the fourth quarter. Swmg LLC now owns 7,926 shares of the company’s stock valued at $836,000 after purchasing an additional 103 shares during the last quarter. Kingsview Wealth Management LLC grew its stake in shares of VanEck Morningstar Wide Moat ETF by 42.9% during the fourth quarter. Kingsview Wealth Management LLC now owns 7,455 shares of the company’s stock valued at $772,000 after purchasing an additional 2,239 shares during the last quarter. Finally, PSI Advisors LLC grew its stake in shares of VanEck Morningstar Wide Moat ETF by 1.0% during the fourth quarter. PSI Advisors LLC now owns 44,599 shares of the company’s stock valued at $4,619,000 after purchasing an additional 422 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Price Performance

MOAT opened at $103.72 on Friday. VanEck Morningstar Wide Moat ETF has a one year low of $88.53 and a one year high of $108.10. The company’s 50 day simple moving average is $99.58 and its 200-day simple moving average is $102.59. The stock has a market capitalization of $14.00 billion, a P/E 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.