Beaumont Financial Advisors LLC Reduces Stake in VanEck Morningstar Wide Moat ETF $MOAT

Beaumont Financial Advisors LLC lowered its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 68.7% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 84,357 shares of the company’s stock after selling 184,773 shares during the quarter. Beaumont Financial Advisors LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $7,912,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the business. Boulay Financial Advisors LLC purchased a new position in shares of VanEck Morningstar Wide Moat ETF in the 1st quarter valued at about $159,237,000. Jones Financial Companies Lllp increased its holdings 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 acquiring an additional 201,826 shares during the last quarter. Obermeyer Wealth Partners increased its holdings in shares of VanEck Morningstar Wide Moat ETF by 3.5% in the 1st quarter. Obermeyer Wealth Partners now owns 881,212 shares of the company’s stock valued at $77,547,000 after acquiring an additional 29,800 shares during the last quarter. Cetera Investment Advisers increased its holdings in shares of VanEck Morningstar Wide Moat ETF by 5.2% in the 1st quarter. Cetera Investment Advisers now owns 806,650 shares of the company’s stock valued at $70,985,000 after acquiring an additional 39,664 shares during the last quarter. Finally, Whitaker Myers Wealth Managers LTD. increased its holdings in shares of VanEck Morningstar Wide Moat ETF by 6.4% in the 2nd quarter. Whitaker Myers Wealth Managers LTD. now owns 658,546 shares of the company’s stock valued at $61,765,000 after acquiring an additional 39,723 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Stock Up 5.2%

BATS:MOAT opened at $97.13 on Friday. The stock’s 50 day moving average price is $97.83 and its 200 day moving average price is $92.00. The company has a market capitalization of $13.11 billion, a PE 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.

VanEck Morningstar Wide Moat ETF Company 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.