Gladstone Institutional Advisory LLC Sells 2,775 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Gladstone Institutional Advisory LLC cut its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 7.0% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 36,706 shares of the company’s stock after selling 2,775 shares during the quarter. Gladstone Institutional Advisory LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $2,710,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. LPL Financial LLC increased its holdings in shares of VanEck Morningstar Wide Moat ETF by 72.4% during the first quarter. LPL Financial LLC now owns 3,808,380 shares of the company’s stock valued at $281,173,000 after acquiring an additional 1,598,822 shares in the last quarter. Wells Fargo & Company MN increased its holdings in VanEck Morningstar Wide Moat ETF by 1.0% in the 4th quarter. Wells Fargo & Company MN now owns 1,389,080 shares of the company’s stock worth $90,165,000 after buying an additional 13,310 shares in the last quarter. Commonwealth Equity Services LLC increased its holdings in VanEck Morningstar Wide Moat ETF by 12.1% in the 1st quarter. Commonwealth Equity Services LLC now owns 1,299,406 shares of the company’s stock worth $95,935,000 after buying an additional 139,748 shares in the last quarter. Prudential PLC increased its holdings in VanEck Morningstar Wide Moat ETF by 41.7% in the 1st quarter. Prudential PLC now owns 881,350 shares of the company’s stock worth $65,070,000 after buying an additional 259,410 shares in the last quarter. Finally, Southern Farm Bureau Life Insurance increased its holdings in VanEck Morningstar Wide Moat ETF by 33.5% in the 1st quarter. Southern Farm Bureau Life Insurance now owns 845,027 shares of the company’s stock worth $57,817,000 after buying an additional 212,140 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Trading Up 0.2 %

BATS MOAT opened at $79.18 on Monday. The firm has a 50 day moving average of $80.34. The company has a market capitalization of $10.21 billion, a P/E ratio of 20.62 and a beta of 1.02.

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.