Flagstar Advisors Inc. Lowers Stake in VanEck Morningstar Wide Moat ETF $MOAT

Flagstar Advisors Inc. cut its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 10.3% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 42,148 shares of the company’s stock after selling 4,848 shares during the period. VanEck Morningstar Wide Moat ETF makes up about 1.5% of Flagstar Advisors Inc.’s portfolio, making the stock its 18th largest holding. Flagstar Advisors Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $4,076,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of MOAT. MBM Wealth Consultants LLC acquired a new position in VanEck Morningstar Wide Moat ETF in the 1st quarter worth about $25,000. Mcguire Capital Advisors Inc. acquired a new stake in VanEck Morningstar Wide Moat ETF in the fourth quarter valued at approximately $29,000. First Horizon Corp acquired a new stake in VanEck Morningstar Wide Moat ETF in the 4th quarter valued at $31,000. Russell Investments Group Ltd. grew its position 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 valued at $31,000 after purchasing an additional 112 shares during the period. Finally, Empowered Funds LLC acquired a new position in shares of VanEck Morningstar Wide Moat ETF during the 4th quarter worth about $32,000.

VanEck Morningstar Wide Moat ETF Trading Up 0.6%

Shares of VanEck Morningstar Wide Moat ETF stock opened at $103.71 on Tuesday. The firm has a market capitalization of $14.00 billion, a PE ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a twelve month low of $93.45 and a twelve month high of $108.10. The firm’s 50-day moving average price is $101.71 and its 200 day moving average price is $102.69.

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.