D.A. Davidson & CO. decreased its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT – Free Report) by 13.5% during the first quarter, HoldingsChannel reports. The firm owned 58,407 shares of the company’s stock after selling 9,152 shares during the quarter. D.A. Davidson & CO.’s holdings in VanEck Morningstar Wide Moat ETF were worth $5,648,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also modified their holdings of MOAT. MBM Wealth Consultants LLC bought a new stake in shares of VanEck Morningstar Wide Moat ETF during the 1st quarter worth $25,000. Mcguire Capital Advisors Inc. bought a new position in VanEck Morningstar Wide Moat ETF in the 4th quarter worth $29,000. First Horizon Corp bought a new position in VanEck Morningstar Wide Moat ETF in the 4th quarter worth $31,000. Russell Investments Group Ltd. raised its holdings in VanEck Morningstar Wide Moat ETF by 60.9% in the 4th quarter. Russell Investments Group Ltd. now owns 296 shares of the company’s stock worth $31,000 after acquiring an additional 112 shares during the period. Finally, Empowered Funds LLC acquired a new position in VanEck Morningstar Wide Moat ETF during the 4th quarter worth $32,000.
VanEck Morningstar Wide Moat ETF Price Performance
MOAT stock opened at $106.26 on Friday. VanEck Morningstar Wide Moat ETF has a 52-week low of $94.07 and a 52-week high of $108.10. The company has a 50-day moving average of $103.06 and a two-hundred day moving average of $102.79. The stock has a market capitalization of $14.35 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02.
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.
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