Berger Financial Group Inc Sells 1,707 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Berger Financial Group Inc reduced its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 8.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,818 shares of the company’s stock after selling 1,707 shares during the quarter. Berger Financial Group Inc’s holdings in VanEck Morningstar Wide Moat ETF were worth $1,568,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Boulay Financial Advisors LLC purchased a new position in VanEck Morningstar Wide Moat ETF in the first quarter valued at about $159,237,000. Virtus Wealth Solutions LLC purchased a new position in VanEck Morningstar Wide Moat ETF in the fourth quarter valued at about $25,263,000. Dynamic Advisor Solutions LLC purchased a new position in VanEck Morningstar Wide Moat ETF in the first quarter valued at about $19,724,000. Richmond Investment Services LLC purchased a new position in VanEck Morningstar Wide Moat ETF in the fourth quarter valued at about $15,006,000. Finally, Graver Capital Management LLC purchased a new position in VanEck Morningstar Wide Moat ETF in the fourth quarter valued at about $12,026,000.

VanEck Morningstar Wide Moat ETF Price Performance

MOAT opened at $96.14 on Friday. The business’s 50-day moving average is $94.68 and its two-hundred day moving average is $90.83. VanEck Morningstar Wide Moat ETF has a 1 year low of $75.43 and a 1 year high of $99.41. The firm has a market capitalization of $12.98 billion, a PE ratio of 22.53 and a beta of 1.02.

VanEck Morningstar Wide Moat ETF Company 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.