Bay Colony Advisory Group Inc d b a Bay Colony Advisors Sells 2,182 Shares of VanEck Morningstar Wide Moat ETF $MOAT

Bay Colony Advisory Group Inc d b a Bay Colony Advisors reduced its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 8.8% during the second quarter, Holdings Channel reports. The institutional investor owned 22,580 shares of the company’s stock after selling 2,182 shares during the quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in VanEck Morningstar Wide Moat ETF were worth $2,118,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of MOAT. Garrison Bradford & Associates Inc. bought a new position in VanEck Morningstar Wide Moat ETF during the 1st quarter worth approximately $26,000. N.E.W. Advisory Services LLC bought a new position in VanEck Morningstar Wide Moat ETF during the 1st quarter worth approximately $26,000. Keystone Global Partners LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF in the second quarter worth approximately $28,000. Financial Gravity Asset Management Inc. bought a new position in shares of VanEck Morningstar Wide Moat ETF in the first quarter worth approximately $29,000. Finally, Intelligent Financial Strategies bought a new position in shares of VanEck Morningstar Wide Moat ETF in the second quarter worth approximately $30,000.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of VanEck Morningstar Wide Moat ETF stock opened at $101.10 on Friday. The stock has a market capitalization of $13.65 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a 52-week low of $75.43 and a 52-week high of $99.41. The company’s 50 day moving average price is $99.48 and its 200-day moving average price is $94.59.

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.