Farther Finance Advisors LLC Lowers Stake in VanEck Morningstar Wide Moat ETF $MOAT

Farther Finance Advisors LLC decreased its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 21.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 36,063 shares of the company’s stock after selling 9,784 shares during the period. Farther Finance Advisors LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $3,735,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in MOAT. Brighton Jones LLC purchased a new stake in shares of VanEck Morningstar Wide Moat ETF in the fourth quarter valued at about $528,000. AQR Capital Management LLC boosted its holdings in shares of VanEck Morningstar Wide Moat ETF by 16.9% in the first quarter. AQR Capital Management LLC now owns 21,523 shares of the company’s stock valued at $1,894,000 after acquiring an additional 3,107 shares in the last quarter. Goldman Sachs Group Inc. purchased a new stake in shares of VanEck Morningstar Wide Moat ETF in the first quarter valued at about $1,068,000. Jane Street Group LLC boosted its holdings in shares of VanEck Morningstar Wide Moat ETF by 125.3% in the first quarter. Jane Street Group LLC now owns 13,835 shares of the company’s stock valued at $1,217,000 after acquiring an additional 7,693 shares in the last quarter. Finally, First Trust Advisors LP boosted its holdings in shares of VanEck Morningstar Wide Moat ETF by 15.0% in the second quarter. First Trust Advisors LP now owns 3,795 shares of the company’s stock valued at $356,000 after acquiring an additional 494 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Stock Up 1.1%

Shares of BATS:MOAT opened at $102.30 on Friday. The company has a market cap of $13.81 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02. The firm’s 50-day simple moving average is $101.23 and its 200-day simple moving average is $102.53. VanEck Morningstar Wide Moat ETF has a fifty-two week low of $79.18 and a fifty-two week high of $108.10.

About VanEck Morningstar Wide Moat ETF

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.