Private Advisor Group LLC Sells 16,265 Shares of VanEck Morningstar Wide Moat ETF $MOAT

Private Advisor Group LLC lessened its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 4.1% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 379,060 shares of the company’s stock after selling 16,265 shares during the period. Private Advisor Group LLC owned 0.28% of VanEck Morningstar Wide Moat ETF worth $36,655,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Mercer Global Advisors Inc. ADV grew its stake in VanEck Morningstar Wide Moat ETF by 1,690.5% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 794,616 shares of the company’s stock worth $78,727,000 after buying an additional 750,236 shares in the last quarter. Balance Wealth LLC grew its stake in shares of VanEck Morningstar Wide Moat ETF by 102.7% during the fourth quarter. Balance Wealth LLC now owns 11,830 shares of the company’s stock valued at $1,225,000 after buying an additional 5,995 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC purchased a new stake in VanEck Morningstar Wide Moat ETF during the 4th quarter valued at about $2,195,000. Boston Family Office LLC grew its position in VanEck Morningstar Wide Moat ETF by 14.2% during the 4th quarter. Boston Family Office LLC now owns 66,197 shares of the company’s stock worth $6,855,000 after acquiring an additional 8,218 shares during the last quarter. Finally, BCS Wealth Management grew its position in VanEck Morningstar Wide Moat ETF by 71.5% during the 4th quarter. BCS Wealth Management now owns 26,537 shares of the company’s stock worth $2,748,000 after acquiring an additional 11,060 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of MOAT stock opened at $106.29 on Friday. VanEck Morningstar Wide Moat ETF has a fifty-two week low of $93.96 and a fifty-two week high of $108.10. The stock has a 50 day moving average price of $101.89 and a two-hundred day moving average price of $102.68. The company has a market capitalization of $14.35 billion, a P/E ratio of 22.53 and a beta of 1.02.

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.