Belpointe Asset Management LLC Sells 2,812 Shares of VanEck Morningstar Wide Moat ETF $MOAT

Belpointe Asset Management LLC lowered its position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 31.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,108 shares of the company’s stock after selling 2,812 shares during the period. Belpointe Asset Management LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $538,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of MOAT. Boulay Financial Advisors LLC purchased a new position in VanEck Morningstar Wide Moat ETF during the 1st quarter valued at about $159,237,000. Summit Financial LLC grew its stake in shares of VanEck Morningstar Wide Moat ETF by 4,808.6% in the 1st quarter. Summit Financial LLC now owns 259,028 shares of the company’s stock worth $22,795,000 after buying an additional 253,751 shares during the last quarter. Dynamic Advisor Solutions LLC purchased a new stake in shares of VanEck Morningstar Wide Moat ETF in the 1st quarter worth approximately $19,724,000. Richmond Investment Services LLC purchased a new stake in shares of VanEck Morningstar Wide Moat ETF in the 4th quarter worth approximately $15,006,000. Finally, Empowered Funds LLC lifted its position in VanEck Morningstar Wide Moat ETF by 22,310.0% in the 1st quarter. Empowered Funds LLC now owns 154,405 shares of the company’s stock valued at $13,588,000 after acquiring an additional 153,716 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Trading Up 5.6%

MOAT stock opened at $97.42 on Friday. The stock has a market capitalization of $13.15 billion, a PE ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a 12-month low of $75.43 and a 12-month high of $99.41. The stock’s 50 day simple moving average is $97.45 and its 200 day simple moving average is $91.58.

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.