Coastline Complete Wealth LLC Sells 4,726 Shares of VanEck Morningstar Wide Moat ETF $MOAT

Coastline Complete Wealth LLC cut its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 3.7% in the first quarter, HoldingsChannel.com reports. The firm owned 123,709 shares of the company’s stock after selling 4,726 shares during the quarter. VanEck Morningstar Wide Moat ETF accounts for about 7.4% of Coastline Complete Wealth LLC’s investment portfolio, making the stock its 3rd largest holding. Coastline Complete Wealth LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $11,963,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MOAT. MBM Wealth Consultants LLC purchased a new stake in VanEck Morningstar Wide Moat ETF in the 1st quarter valued at about $25,000. Mcguire Capital Advisors Inc. acquired a new position in VanEck Morningstar Wide Moat ETF in the fourth quarter valued at about $29,000. First Horizon Corp purchased a new position in VanEck Morningstar Wide Moat ETF during the fourth quarter worth about $31,000. Russell Investments Group Ltd. boosted its stake 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 worth $31,000 after buying an additional 112 shares during the period. Finally, Empowered Funds LLC acquired a new stake in shares of VanEck Morningstar Wide Moat ETF during the fourth quarter valued at about $32,000.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of MOAT opened at $108.08 on Friday. The firm has a 50-day simple moving average of $104.24 and a two-hundred day simple moving average of $102.89. The stock has a market cap of $14.59 billion, a PE ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a 1-year low of $94.07 and a 1-year high of $109.24.

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.