Provenance Wealth Advisors LLC Sells 25,297 Shares of VanEck Morningstar Wide Moat ETF $MOAT

Provenance Wealth Advisors LLC lessened its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 2.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 866,012 shares of the company’s stock after selling 25,297 shares during the quarter. VanEck Morningstar Wide Moat ETF comprises 8.9% of Provenance Wealth Advisors LLC’s holdings, making the stock its 2nd largest position. Provenance Wealth Advisors LLC owned 0.64% of VanEck Morningstar Wide Moat ETF worth $83,743,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. Swmg LLC raised its stake in VanEck Morningstar Wide Moat ETF by 1.3% in the 4th quarter. Swmg LLC now owns 7,926 shares of the company’s stock valued at $836,000 after purchasing an additional 103 shares during the last quarter. Russell Investments Group Ltd. boosted its stake in VanEck Morningstar Wide Moat ETF by 60.9% during the 4th quarter. Russell Investments Group Ltd. now owns 296 shares of the company’s stock worth $31,000 after purchasing an additional 112 shares during the last quarter. Western Pacific Wealth Management LP boosted its stake in VanEck Morningstar Wide Moat ETF by 1.7% during the 4th quarter. Western Pacific Wealth Management LP now owns 6,983 shares of the company’s stock worth $723,000 after purchasing an additional 116 shares during the last quarter. Sagespring Wealth Partners LLC grew its holdings in shares of VanEck Morningstar Wide Moat ETF by 3.4% during the fourth quarter. Sagespring Wealth Partners LLC now owns 3,597 shares of the company’s stock worth $372,000 after buying an additional 117 shares in the last quarter. Finally, Warner Financial Inc. grew its holdings in shares of VanEck Morningstar Wide Moat ETF by 1.2% during the fourth quarter. Warner Financial Inc. now owns 11,305 shares of the company’s stock worth $1,171,000 after buying an additional 132 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Stock Up 1.0%

Shares of BATS MOAT opened at $102.14 on Thursday. The firm has a 50-day simple moving average of $101.58 and a 200-day simple moving average of $102.72. The stock has a market capitalization of $13.79 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a 52 week low of $91.95 and a 52 week high of $108.10.

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.