VanEck Morningstar Wide Moat ETF $MOAT Stock: Tanager Wealth Management LLP Reduces Position

Tanager Wealth Management LLP decreased its position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 4.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 128,683 shares of the company’s stock after selling 5,385 shares during the period. VanEck Morningstar Wide Moat ETF accounts for approximately 1.1% of Tanager Wealth Management LLP’s portfolio, making the stock its 22nd biggest holding. Tanager Wealth Management LLP’s holdings in VanEck Morningstar Wide Moat ETF were worth $13,603,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MOAT. Harbor Group Inc. purchased a new stake in VanEck Morningstar Wide Moat ETF in the third quarter valued at approximately $53,492,000. Beaumont Asset Management L.L.C. acquired a new stake in shares of VanEck Morningstar Wide Moat ETF in the third quarter valued at approximately $18,995,000. Absolute Gestao de Investimentos Ltda. purchased a new position in shares of VanEck Morningstar Wide Moat ETF during the second quarter worth approximately $18,566,000. Robertson Stephens Wealth Management LLC purchased a new position in shares of VanEck Morningstar Wide Moat ETF during the third quarter worth approximately $14,065,000. Finally, Fermata Advisors LLC purchased a new position in shares of VanEck Morningstar Wide Moat ETF during the third quarter worth approximately $12,963,000.

VanEck Morningstar Wide Moat ETF Trading Down 0.1%

Shares of VanEck Morningstar Wide Moat ETF stock traded down $0.15 during trading on Monday, reaching $110.48. The company’s stock had a trading volume of 303,296 shares, compared to its average volume of 830,654. The company has a 50-day moving average price of $110.41 and a two-hundred day moving average price of $105.62. The firm has a market cap of $14.91 billion, a PE ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a fifty-two week low of $94.07 and a fifty-two week high of $115.58.

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. MOAT was launched on Apr 25, 2012 and is managed by VanEck.