VanEck Morningstar Wide Moat ETF $MOAT Shares Sold by Novare Capital Management LLC

Novare Capital Management LLC reduced its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 93.1% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 7,331 shares of the company’s stock after selling 99,229 shares during the period. Novare Capital Management LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $709,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of MOAT. Mercer Global Advisors Inc. ADV grew its stake in VanEck Morningstar Wide Moat ETF by 1,690.5% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 794,616 shares of the company’s stock valued at $78,727,000 after purchasing an additional 750,236 shares in the last quarter. Balance Wealth LLC raised its position in shares of VanEck Morningstar Wide Moat ETF by 102.7% in the 4th quarter. Balance Wealth LLC now owns 11,830 shares of the company’s stock valued at $1,225,000 after purchasing an additional 5,995 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC acquired a new position in shares of VanEck Morningstar Wide Moat ETF in the 4th quarter valued at approximately $2,195,000. Boston Family Office LLC boosted its stake in shares of VanEck Morningstar Wide Moat ETF by 14.2% during the 4th quarter. Boston Family Office LLC now owns 66,197 shares of the company’s stock valued at $6,855,000 after buying an additional 8,218 shares during the last quarter. Finally, Savvy Advisors Inc. boosted its stake in shares of VanEck Morningstar Wide Moat ETF by 500.5% during the 4th quarter. Savvy Advisors Inc. now owns 24,310 shares of the company’s stock valued at $2,518,000 after buying an additional 20,262 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Trading Down 1.1%

MOAT stock opened at $100.99 on Tuesday. VanEck Morningstar Wide Moat ETF has a twelve month low of $90.07 and a twelve month high of $108.10. The company has a market capitalization of $13.63 billion, a P/E ratio of 22.53 and a beta of 1.02. The firm has a 50 day simple moving average of $101.46 and a 200-day simple moving average of $102.77.

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.