VanEck Morningstar Wide Moat ETF $MOAT Shares Sold by Sovereign Financial Group Inc.

Sovereign Financial Group Inc. cut its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 61.0% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 3,374 shares of the company’s stock after selling 5,285 shares during the period. Sovereign Financial Group Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $334,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the business. Decker Retirement Planning Inc. purchased a new stake in shares of VanEck Morningstar Wide Moat ETF in the second quarter valued at $27,000. Keystone Global Partners LLC purchased a new stake in VanEck Morningstar Wide Moat ETF in the 2nd quarter valued at about $28,000. Intelligent Financial Strategies acquired a new position in shares of VanEck Morningstar Wide Moat ETF during the 2nd quarter valued at about $30,000. Atlantic Union Bankshares Corp acquired a new position in shares of VanEck Morningstar Wide Moat ETF during the 2nd quarter valued at about $34,000. Finally, Banque Transatlantique SA purchased a new position in shares of VanEck Morningstar Wide Moat ETF during the 1st quarter worth about $36,000.

VanEck Morningstar Wide Moat ETF Stock Performance

MOAT opened at $104.70 on Monday. VanEck Morningstar Wide Moat ETF has a 1 year low of $75.43 and a 1 year high of $99.41. The company’s 50 day simple moving average is $102.60 and its 200 day simple moving average is $99.06. The stock has a market capitalization of $14.13 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. MOAT was launched on Apr 25, 2012 and is managed by VanEck.