Bank of America Corp DE Sells 41,075 Shares of VanEck Agribusiness ETF (NYSEARCA:MOO)

Bank of America Corp DE lowered its position in shares of VanEck Agribusiness ETF (NYSEARCA:MOO) by 10.3% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 359,230 shares of the company’s stock after selling 41,075 shares during the period. Bank of America Corp DE owned about 3.33% of VanEck Agribusiness ETF worth $23,178,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of MOO. Bessemer Group Inc. bought a new stake in shares of VanEck Agribusiness ETF in the fourth quarter worth $71,000. SBI Securities Co. Ltd. acquired a new position in VanEck Agribusiness ETF during the 4th quarter worth about $111,000. Anchor Investment Management LLC grew its position in shares of VanEck Agribusiness ETF by 24.5% in the 4th quarter. Anchor Investment Management LLC now owns 2,544 shares of the company’s stock valued at $164,000 after buying an additional 500 shares during the last quarter. CreativeOne Wealth LLC grew its position in shares of VanEck Agribusiness ETF by 33.5% in the 4th quarter. CreativeOne Wealth LLC now owns 3,783 shares of the company’s stock valued at $244,000 after buying an additional 950 shares during the last quarter. Finally, Sovran Advisors LLC acquired a new stake in shares of VanEck Agribusiness ETF in the fourth quarter valued at about $297,000.

VanEck Agribusiness ETF Price Performance

VanEck Agribusiness ETF stock opened at $72.41 on Monday. The stock’s 50 day moving average is $67.52 and its 200 day moving average is $68.17. VanEck Agribusiness ETF has a one year low of $59.58 and a one year high of $76.19. The firm has a market cap of $604.62 million, a P/E ratio of 18.82 and a beta of 0.91.

About VanEck Agribusiness ETF

Market Vectors Agribusiness ETF (the Fund) replicates as closely as possible the price and yield performance of the DAXglobal Agribusiness Index (DXAG). DXAG, calculated by Deutsche Borse AG, is a modified market capitalization-weighted index consisting of publicly traded companies engaged in the agriculture business that are traded on global exchanges.