Long Island Wealth Management Inc. Sells 14,515 Shares of VanEck Morningstar Wide Moat ETF $MOAT

Long Island Wealth Management Inc. cut its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 81.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,250 shares of the company’s stock after selling 14,515 shares during the quarter. Long Island Wealth Management Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $314,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MOAT. MBM Wealth Consultants LLC bought a new stake in shares of VanEck Morningstar Wide Moat ETF in the 1st quarter valued at about $25,000. Mcguire Capital Advisors Inc. bought a new position in shares of VanEck Morningstar Wide Moat ETF during the fourth quarter valued at approximately $29,000. Russell Investments Group Ltd. increased its holdings in VanEck Morningstar Wide Moat ETF by 60.9% during the fourth quarter. Russell Investments Group Ltd. now owns 296 shares of the company’s stock valued at $31,000 after buying an additional 112 shares during the period. First Horizon Corp purchased a new position in VanEck Morningstar Wide Moat ETF during the fourth quarter valued at approximately $31,000. Finally, Empowered Funds LLC purchased a new position in VanEck Morningstar Wide Moat ETF during the fourth quarter valued at approximately $32,000.

VanEck Morningstar Wide Moat ETF Stock Up 0.0%

Shares of BATS:MOAT opened at $102.16 on Friday. The firm has a 50 day moving average of $101.62 and a 200 day moving average of $102.70. The company has a market capitalization of $13.79 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a 52 week low of $92.71 and a 52 week high of $108.10.

VanEck Morningstar Wide Moat ETF 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.