Truist Financial Corp Has $5.58 Million Stock Position in VanEck Morningstar Wide Moat ETF $MOAT

Truist Financial Corp lowered its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 24.1% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 59,478 shares of the company’s stock after selling 18,886 shares during the period. Truist Financial Corp’s holdings in VanEck Morningstar Wide Moat ETF were worth $5,578,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of MOAT. Garrison Bradford & Associates Inc. acquired a new stake in VanEck Morningstar Wide Moat ETF in the first quarter valued at $26,000. N.E.W. Advisory Services LLC bought a new stake in shares of VanEck Morningstar Wide Moat ETF in the 1st quarter valued at about $26,000. Keystone Global Partners LLC acquired a new stake in shares of VanEck Morningstar Wide Moat ETF in the second quarter valued at about $28,000. Financial Gravity Asset Management Inc. bought a new position in shares of VanEck Morningstar Wide Moat ETF during the first quarter worth about $29,000. Finally, Golden State Wealth Management LLC lifted its stake in shares of VanEck Morningstar Wide Moat ETF by 100.0% in the first quarter. Golden State Wealth Management LLC now owns 408 shares of the company’s stock worth $36,000 after acquiring an additional 204 shares during the period.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of MOAT stock opened at $101.05 on Tuesday. The stock has a market capitalization of $13.64 billion, a PE ratio of 22.53 and a beta of 1.02. The business’s 50 day simple moving average is $98.11 and its 200 day simple moving average is $92.52. VanEck Morningstar Wide Moat ETF has a one year low of $75.43 and a one year high of $99.41.

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.