BCS Wealth Management Sells 16,347 Shares of VanEck Morningstar Wide Moat ETF $MOAT

BCS Wealth Management reduced its stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 61.6% during the first quarter, HoldingsChannel.com reports. The firm owned 10,190 shares of the company’s stock after selling 16,347 shares during the quarter. BCS Wealth Management’s holdings in VanEck Morningstar Wide Moat ETF were worth $985,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Mcguire Capital Advisors Inc. bought a new position in shares of VanEck Morningstar Wide Moat ETF during the fourth quarter valued at $29,000. Russell Investments Group Ltd. raised its stake in shares of VanEck Morningstar Wide Moat ETF by 60.9% in the fourth quarter. Russell Investments Group Ltd. now owns 296 shares of the company’s stock worth $31,000 after buying an additional 112 shares during the period. First Horizon Corp bought a new position in VanEck Morningstar Wide Moat ETF in the 4th quarter worth $31,000. Empowered Funds LLC purchased a new stake in shares of VanEck Morningstar Wide Moat ETF during the fourth quarter worth about $32,000. Finally, Harbor Investment Advisory LLC purchased a new position in shares of VanEck Morningstar Wide Moat ETF in the fourth quarter worth $33,000.

VanEck Morningstar Wide Moat ETF Stock Up 0.1%

VanEck Morningstar Wide Moat ETF stock opened at $101.08 on Wednesday. The company has a market cap of $13.65 billion, a PE ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a twelve month low of $91.94 and a twelve month high of $108.10. The company’s 50-day moving average price is $101.52 and its 200-day moving average price is $102.74.

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.