Flputnam Investment Management Co. Sells 62,734 Shares of VanEck Morningstar Wide Moat ETF $MOAT

Flputnam Investment Management Co. trimmed its position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 52.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 55,956 shares of the company’s stock after selling 62,734 shares during the quarter. Flputnam Investment Management Co.’s holdings in VanEck Morningstar Wide Moat ETF were worth $5,795,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. TD Waterhouse Canada Inc. bought a new position in VanEck Morningstar Wide Moat ETF during the third quarter valued at $26,000. First Horizon Corp bought a new position in VanEck Morningstar Wide Moat ETF during the fourth quarter valued at $31,000. Harbor Investment Advisory LLC bought a new position in VanEck Morningstar Wide Moat ETF during the fourth quarter valued at $33,000. Paladin Advisory Group LLC bought a new position in VanEck Morningstar Wide Moat ETF during the third quarter valued at $34,000. Finally, IAG Wealth Partners LLC grew its holdings in VanEck Morningstar Wide Moat ETF by 228.7% during the third quarter. IAG Wealth Partners LLC now owns 378 shares of the company’s stock valued at $37,000 after purchasing an additional 263 shares during the period.

VanEck Morningstar Wide Moat ETF Trading Down 0.2%

Shares of BATS MOAT opened at $101.89 on Thursday. The stock has a fifty day simple moving average of $99.41 and a two-hundred day simple moving average of $102.56. VanEck Morningstar Wide Moat ETF has a 1-year low of $88.53 and a 1-year high of $108.10. The firm has a market cap of $13.76 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.