WealthPLAN Partners LLC Sells 120,776 Shares of VanEck Morningstar Wide Moat ETF $MOAT

WealthPLAN Partners LLC reduced its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 73.5% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 43,505 shares of the company’s stock after selling 120,776 shares during the period. WealthPLAN Partners LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $4,080,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of MOAT. Brighton Jones LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF during the 4th quarter valued at approximately $528,000. GAMMA Investing LLC grew its position in shares of VanEck Morningstar Wide Moat ETF by 29.7% during the 1st quarter. GAMMA Investing LLC now owns 1,005 shares of the company’s stock valued at $88,000 after acquiring an additional 230 shares during the period. Sowell Financial Services LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF during the 1st quarter valued at approximately $250,000. QRG Capital Management Inc. grew its position in shares of VanEck Morningstar Wide Moat ETF by 39.2% during the 1st quarter. QRG Capital Management Inc. now owns 3,128 shares of the company’s stock valued at $275,000 after acquiring an additional 881 shares during the period. Finally, Cornerstone Wealth Management LLC grew its position in shares of VanEck Morningstar Wide Moat ETF by 18.0% during the 1st quarter. Cornerstone Wealth Management LLC now owns 24,226 shares of the company’s stock valued at $2,132,000 after acquiring an additional 3,688 shares during the period.

VanEck Morningstar Wide Moat ETF Stock Up 8.4%

VanEck Morningstar Wide Moat ETF stock opened at $100.01 on Thursday. The firm has a 50 day moving average price of $98.49 and a 200-day moving average price of $93.02. The company has a market capitalization of $13.50 billion, a P/E ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a twelve month low of $75.43 and a twelve month high of $99.41.

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.