VanEck Morningstar Wide Moat ETF $MOAT Shares Sold by Victory Financial Group LLC

Victory Financial Group LLC lowered its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 52.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 44,278 shares of the company’s stock after selling 48,648 shares during the period. Victory Financial Group LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $4,585,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in MOAT. Paller Financial Services Inc acquired a new stake in VanEck Morningstar Wide Moat ETF in the 4th quarter worth about $7,485,000. Hoese & Co LLP acquired a new position in shares of VanEck Morningstar Wide Moat ETF during the 4th quarter valued at about $150,000. Waldron Private Wealth LLC purchased a new position in shares of VanEck Morningstar Wide Moat ETF during the 4th quarter worth about $749,000. Wealthcare Advisory Partners LLC lifted its holdings in shares of VanEck Morningstar Wide Moat ETF by 1.2% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 213,781 shares of the company’s stock worth $22,139,000 after acquiring an additional 2,475 shares during the period. Finally, Wolff Wiese Magana LLC boosted its position in shares of VanEck Morningstar Wide Moat ETF by 1.8% in the fourth quarter. Wolff Wiese Magana LLC now owns 15,857 shares of the company’s stock worth $1,642,000 after acquiring an additional 284 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Stock Performance

VanEck Morningstar Wide Moat ETF stock opened at $96.70 on Wednesday. VanEck Morningstar Wide Moat ETF has a 1 year low of $75.43 and a 1 year high of $108.10. The firm has a 50 day moving average price of $103.08 and a 200 day moving average price of $102.57. The company has a market cap of $13.05 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02.

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.