VanEck Morningstar Wide Moat ETF $MOAT Stock Position Trimmed by Cary Street Partners Financial LLC

Cary Street Partners Financial LLC trimmed its position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 71.8% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 13,533 shares of the company’s stock after selling 34,415 shares during the period. Cary Street Partners Financial LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $1,341,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of MOAT. Orion Porfolio Solutions LLC raised its holdings in shares of VanEck Morningstar Wide Moat ETF by 1,387.0% during the second quarter. Orion Porfolio Solutions LLC now owns 611,633 shares of the company’s stock valued at $57,365,000 after buying an additional 570,500 shares during the last quarter. Assetmark Inc. increased its position in VanEck Morningstar Wide Moat ETF by 310.9% in the 2nd quarter. Assetmark Inc. now owns 291,184 shares of the company’s stock valued at $27,310,000 after acquiring an additional 220,316 shares during the period. Richmond Investment Services LLC raised its stake in VanEck Morningstar Wide Moat ETF by 84.3% during the 2nd quarter. Richmond Investment Services LLC now owns 312,899 shares of the company’s stock valued at $29,347,000 after acquiring an additional 143,156 shares in the last quarter. Jones Financial Companies Lllp boosted its position in VanEck Morningstar Wide Moat ETF by 10.9% during the 3rd quarter. Jones Financial Companies Lllp now owns 1,101,252 shares of the company’s stock worth $108,275,000 after acquiring an additional 108,068 shares during the period. Finally, American National Bank of Texas bought a new position in shares of VanEck Morningstar Wide Moat ETF in the third quarter worth $7,144,000.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of MOAT opened at $106.93 on Friday. VanEck Morningstar Wide Moat ETF has a one year low of $75.43 and a one year high of $108.10. The stock’s fifty day moving average is $105.67 and its 200-day moving average is $102.28. The firm has a market capitalization of $14.44 billion, a price-to-earnings 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.