Axxcess Wealth Management LLC Sells 9,510 Shares of VanEck Morningstar Wide Moat ETF $MOAT

Axxcess Wealth Management LLC reduced its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 17.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 46,388 shares of the company’s stock after selling 9,510 shares during the period. Axxcess Wealth Management LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $4,486,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the business. Brighton Jones LLC acquired a new stake in shares of VanEck Morningstar Wide Moat ETF in the fourth quarter worth $528,000. AQR Capital Management LLC raised its stake in VanEck Morningstar Wide Moat ETF by 16.9% during the 1st quarter. AQR Capital Management LLC now owns 21,523 shares of the company’s stock valued at $1,894,000 after purchasing an additional 3,107 shares during the last quarter. Goldman Sachs Group Inc. bought a new stake in VanEck Morningstar Wide Moat ETF in the 1st quarter valued at $1,068,000. Jane Street Group LLC boosted its holdings in VanEck Morningstar Wide Moat ETF by 125.3% in the 1st quarter. Jane Street Group LLC now owns 13,835 shares of the company’s stock valued at $1,217,000 after purchasing an additional 7,693 shares during the period. Finally, First Trust Advisors LP grew its position in VanEck Morningstar Wide Moat ETF by 15.0% in the 2nd quarter. First Trust Advisors LP now owns 3,795 shares of the company’s stock worth $356,000 after purchasing an additional 494 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Stock Performance

BATS:MOAT opened at $106.01 on Wednesday. The firm’s 50-day moving average is $102.19 and its 200-day moving average is $102.70. The company has a market cap of $14.31 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a 52-week low of $93.96 and a 52-week high of $108.10.

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.