Brookstone Capital Management Sells 548,074 Shares of VanEck Morningstar Wide Moat ETF $MOAT

Brookstone Capital Management lowered its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 62.5% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 328,477 shares of the company’s stock after selling 548,074 shares during the quarter. Brookstone Capital Management owned about 0.24% of VanEck Morningstar Wide Moat ETF worth $30,808,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Boulay Financial Advisors LLC bought a new stake in VanEck Morningstar Wide Moat ETF during the 1st quarter worth about $159,237,000. Summit Financial LLC grew its holdings in VanEck Morningstar Wide Moat ETF by 4,808.6% during the 1st quarter. Summit Financial LLC now owns 259,028 shares of the company’s stock worth $22,795,000 after acquiring an additional 253,751 shares during the last quarter. Concurrent Investment Advisors LLC grew its holdings in VanEck Morningstar Wide Moat ETF by 560.9% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 247,757 shares of the company’s stock worth $23,237,000 after acquiring an additional 210,268 shares during the last quarter. Jones Financial Companies Lllp boosted its stake in shares of VanEck Morningstar Wide Moat ETF by 29.6% in the 1st quarter. Jones Financial Companies Lllp now owns 882,771 shares of the company’s stock valued at $77,410,000 after purchasing an additional 201,826 shares during the last quarter. Finally, Empowered Funds LLC boosted its stake in shares of VanEck Morningstar Wide Moat ETF by 22,310.0% in the 1st quarter. Empowered Funds LLC now owns 154,405 shares of the company’s stock valued at $13,588,000 after purchasing an additional 153,716 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Trading Up 11.0%

Shares of BATS MOAT opened at $102.46 on Wednesday. The firm has a market capitalization of $13.83 billion, a PE ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a 1 year low of $75.43 and a 1 year high of $99.41. The firm’s 50-day moving average is $98.88 and its 200-day moving average is $93.41.

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.