VanEck Morningstar Wide Moat ETF $MOAT Stock Position Lowered by Magnolia Capital Advisors LLC

Magnolia Capital Advisors LLC cut its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 37.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 52,603 shares of the company’s stock after selling 31,837 shares during the quarter. VanEck Morningstar Wide Moat ETF accounts for about 1.4% of Magnolia Capital Advisors LLC’s investment portfolio, making the stock its 18th largest holding. Magnolia Capital Advisors LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $5,213,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. TD Waterhouse Canada Inc. acquired a new stake in VanEck Morningstar Wide Moat ETF in the third quarter valued at approximately $26,000. Atlantic Union Bankshares Corp acquired a new position in VanEck Morningstar Wide Moat ETF during the second quarter worth $34,000. Paladin Advisory Group LLC acquired a new position in VanEck Morningstar Wide Moat ETF during the third quarter worth $34,000. IAG Wealth Partners LLC raised its holdings in VanEck Morningstar Wide Moat ETF by 228.7% during the third quarter. IAG Wealth Partners LLC now owns 378 shares of the company’s stock valued at $37,000 after buying an additional 263 shares in the last quarter. Finally, Collier Financial bought a new position in VanEck Morningstar Wide Moat ETF during the third quarter valued at about $50,000.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of BATS:MOAT opened at $100.80 on Thursday. The stock has a market capitalization of $13.61 billion, a P/E ratio of 22.53 and a beta of 1.02. The business has a 50-day moving average of $105.54 and a two-hundred day moving average of $102.63. VanEck Morningstar Wide Moat ETF has a fifty-two week low of $75.43 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.