Magnolia Capital Advisors LLC Sells 8,222 Shares of VanEck Morningstar Wide Moat ETF $MOAT

Magnolia Capital Advisors LLC decreased its stake in VanEck Morningstar Wide Moat ETF (BATS:MOATFree Report) by 8.9% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 84,440 shares of the company’s stock after selling 8,222 shares during the period. VanEck Morningstar Wide Moat ETF comprises 2.0% of Magnolia Capital Advisors LLC’s holdings, making the stock its 8th largest position. Magnolia Capital Advisors LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $7,920,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. N.E.W. Advisory Services LLC acquired a new position in VanEck Morningstar Wide Moat ETF in the first quarter valued at about $26,000. Garrison Bradford & Associates Inc. acquired a new position in VanEck Morningstar Wide Moat ETF in the first quarter valued at about $26,000. Keystone Global Partners LLC acquired a new position in VanEck Morningstar Wide Moat ETF in the second quarter valued at about $28,000. Intelligent Financial Strategies acquired a new position in VanEck Morningstar Wide Moat ETF in the second quarter valued at about $30,000. Finally, Financial Gravity Asset Management Inc. acquired a new stake in shares of VanEck Morningstar Wide Moat ETF during the first quarter worth about $29,000.

VanEck Morningstar Wide Moat ETF Price Performance

BATS MOAT opened at $101.23 on Tuesday. The firm has a market cap of $13.67 billion, a P/E ratio of 22.53 and a beta of 1.02. The stock’s 50-day moving average is $99.58 and its 200-day moving average is $95.04. VanEck Morningstar Wide Moat ETF has a one year low of $75.43 and a one year high of $99.41.

VanEck Morningstar Wide Moat ETF Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding MOAT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Morningstar Wide Moat ETF (BATS:MOATFree Report).

Institutional Ownership by Quarter for VanEck Morningstar Wide Moat ETF (BATS:MOAT)

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