Brookstone Capital Management Cuts Holdings in VanEck Morningstar Wide Moat ETF $MOAT

Brookstone Capital Management lowered its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 8.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 279,045 shares of the company’s stock after selling 27,170 shares during the quarter. Brookstone Capital Management owned 0.21% of VanEck Morningstar Wide Moat ETF worth $28,898,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. TD Waterhouse Canada Inc. acquired a new position in shares of VanEck Morningstar Wide Moat ETF in the 3rd quarter valued at about $26,000. Harbor Investment Advisory LLC purchased a new stake in shares of VanEck Morningstar Wide Moat ETF during the 4th quarter worth about $33,000. Paladin Advisory Group LLC acquired a new stake in VanEck Morningstar Wide Moat ETF during the 3rd quarter worth approximately $34,000. IAG Wealth Partners LLC increased its position in VanEck Morningstar Wide Moat ETF by 228.7% during the 3rd quarter. IAG Wealth Partners LLC now owns 378 shares of the company’s stock worth $37,000 after purchasing an additional 263 shares in the last quarter. Finally, Collier Financial purchased a new position in VanEck Morningstar Wide Moat ETF in the third quarter valued at approximately $50,000.

VanEck Morningstar Wide Moat ETF Stock Up 0.4%

Shares of MOAT stock opened at $94.68 on Tuesday. The stock has a market cap of $12.78 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a fifty-two week low of $75.43 and a fifty-two week high of $108.10. The firm’s 50 day moving average price is $103.25 and its two-hundred day moving average price is $102.57.

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.