Long Island Wealth Management Inc. Sells 14,515 Shares of VanEck Morningstar Wide Moat ETF $MOAT

Long Island Wealth Management Inc. trimmed its position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 81.7% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 3,250 shares of the company’s stock after selling 14,515 shares during the period. Long Island Wealth Management Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $314,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. LPL Financial LLC grew its position in shares of VanEck Morningstar Wide Moat ETF by 2.8% in the 4th quarter. LPL Financial LLC now owns 6,583,657 shares of the company’s stock worth $681,803,000 after buying an additional 180,972 shares during the last quarter. Boulay Financial Advisors LLC lifted its position in VanEck Morningstar Wide Moat ETF by 0.6% during the fourth quarter. Boulay Financial Advisors LLC now owns 2,132,699 shares of the company’s stock valued at $220,862,000 after acquiring an additional 13,325 shares during the last quarter. Southern Farm Bureau Life Insurance lifted its position in VanEck Morningstar Wide Moat ETF by 31.1% during the fourth quarter. Southern Farm Bureau Life Insurance now owns 1,107,967 shares of the company’s stock valued at $114,720,000 after acquiring an additional 262,940 shares during the last quarter. UBS Group AG boosted its stake in VanEck Morningstar Wide Moat ETF by 13.5% in the fourth quarter. UBS Group AG now owns 1,106,486 shares of the company’s stock valued at $114,588,000 after acquiring an additional 131,322 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV boosted its stake in VanEck Morningstar Wide Moat ETF by 1,690.5% in the third quarter. Mercer Global Advisors Inc. ADV now owns 794,616 shares of the company’s stock valued at $78,727,000 after acquiring an additional 750,236 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Trading Up 0.0%

BATS MOAT opened at $102.16 on Friday. The firm’s fifty day simple moving average is $101.62 and its two-hundred day simple moving average is $102.70. VanEck Morningstar Wide Moat ETF has a 12-month low of $92.71 and a 12-month high of $108.10. The firm has a market capitalization of $13.79 billion, a P/E ratio of 22.53 and a beta of 1.02.

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.