Tanager Wealth Management LLP Sells 5,385 Shares of VanEck Morningstar Wide Moat ETF $MOAT

Tanager Wealth Management LLP lowered its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 4.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 128,683 shares of the company’s stock after selling 5,385 shares during the quarter. VanEck Morningstar Wide Moat ETF makes up about 1.1% of Tanager Wealth Management LLP’s holdings, making the stock its 22nd biggest position. Tanager Wealth Management LLP owned 0.10% of VanEck Morningstar Wide Moat ETF worth $13,603,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. MBM Wealth Consultants LLC acquired a new position in shares of VanEck Morningstar Wide Moat ETF in the 1st quarter valued at $25,000. Trust Co. of Vermont purchased a new position in shares of VanEck Morningstar Wide Moat ETF in the 2nd quarter valued at $28,000. Blue Trust Inc. grew its position in shares of VanEck Morningstar Wide Moat ETF by 86.0% in the 1st quarter. Blue Trust Inc. now owns 398 shares of the company’s stock valued at $39,000 after buying an additional 184 shares during the last quarter. Headlands Technologies LLC purchased a new position in shares of VanEck Morningstar Wide Moat ETF in the 2nd quarter valued at $40,000. Finally, Godsey & Gibb Inc. acquired a new stake in VanEck Morningstar Wide Moat ETF during the 3rd quarter worth $45,000.

VanEck Morningstar Wide Moat ETF Trading Down 0.1%

BATS:MOAT traded down $0.15 during midday trading on Monday, hitting $110.48. 303,296 shares of the company were exchanged, compared to its average volume of 830,654. VanEck Morningstar Wide Moat ETF has a fifty-two week low of $94.07 and a fifty-two week high of $115.58. The company has a market capitalization of $14.91 billion, a PE ratio of 22.53 and a beta of 1.02. The company has a fifty day simple moving average of $110.41 and a 200 day simple moving average of $105.62.

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.