JNBA Financial Advisors Trims Stock Position in VanEck Morningstar Wide Moat ETF $MOAT

JNBA Financial Advisors reduced its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 2.3% in the 3rd quarter, Holdings Channel reports. The fund owned 382,790 shares of the company’s stock after selling 8,815 shares during the quarter. VanEck Morningstar Wide Moat ETF accounts for 3.4% of JNBA Financial Advisors’ portfolio, making the stock its 6th biggest position. JNBA Financial Advisors’ holdings in VanEck Morningstar Wide Moat ETF were worth $37,938,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. QRG Capital Management Inc. raised its holdings in VanEck Morningstar Wide Moat ETF by 10.8% during the second quarter. QRG Capital Management Inc. now owns 3,467 shares of the company’s stock worth $325,000 after acquiring an additional 339 shares in the last quarter. Buttonwood Financial Advisors Inc. increased its position in shares of VanEck Morningstar Wide Moat ETF by 11.7% during the 3rd quarter. Buttonwood Financial Advisors Inc. now owns 298,563 shares of the company’s stock worth $29,591,000 after purchasing an additional 31,314 shares during the last quarter. J.W. Cole Advisors Inc. raised its stake in shares of VanEck Morningstar Wide Moat ETF by 153.0% during the 2nd quarter. J.W. Cole Advisors Inc. now owns 28,123 shares of the company’s stock worth $2,638,000 after purchasing an additional 17,008 shares in the last quarter. Smith Moore & CO. increased its holdings in VanEck Morningstar Wide Moat ETF by 7.0% during the second quarter. Smith Moore & CO. now owns 53,883 shares of the company’s stock worth $5,054,000 after buying an additional 3,544 shares during the last quarter. Finally, Ayalon Insurance Comp Ltd. increased its stake in shares of VanEck Morningstar Wide Moat ETF by 0.5% during the 2nd quarter. Ayalon Insurance Comp Ltd. now owns 40,145 shares of the company’s stock worth $3,765,000 after purchasing an additional 190 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of MOAT stock opened at $107.62 on Friday. VanEck Morningstar Wide Moat ETF has a 52-week low of $75.43 and a 52-week high of $99.41. The stock has a market cap of $14.53 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02. The firm’s 50-day moving average is $103.72 and its 200-day moving average is $100.30.

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.