Cornerstone Advisory LLC Reduces Position in VanEck Morningstar Wide Moat ETF $MOAT

Cornerstone Advisory LLC decreased its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 31.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 61,737 shares of the company’s stock after selling 27,940 shares during the period. Cornerstone Advisory LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $6,119,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the business. TD Waterhouse Canada Inc. purchased a new stake in shares of VanEck Morningstar Wide Moat ETF in the third quarter valued at approximately $26,000. Decker Retirement Planning Inc. purchased a new position in VanEck Morningstar Wide Moat ETF during the second quarter worth approximately $27,000. Intelligent Financial Strategies acquired a new position in VanEck Morningstar Wide Moat ETF during the second quarter worth $30,000. Paladin Advisory Group LLC purchased a new stake in VanEck Morningstar Wide Moat ETF in the 3rd quarter valued at $34,000. Finally, Atlantic Union Bankshares Corp purchased a new stake in VanEck Morningstar Wide Moat ETF in the 2nd quarter valued at $34,000.

VanEck Morningstar Wide Moat ETF Stock Up 1.0%

BATS MOAT opened at $105.57 on Tuesday. The business’s fifty day simple moving average is $105.49 and its 200-day simple moving average is $101.73. The firm has a market cap of $14.25 billion, a PE ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a 52 week low of $75.43 and a 52 week high of $108.10.

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.