Buttonwood Financial Advisors Inc. Reduces Stock Holdings in VanEck Morningstar Wide Moat ETF $MOAT

Buttonwood Financial Advisors Inc. lowered its position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 3.8% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 287,210 shares of the company’s stock after selling 11,353 shares during the quarter. VanEck Morningstar Wide Moat ETF accounts for 9.9% of Buttonwood Financial Advisors Inc.’s holdings, making the stock its biggest position. Buttonwood Financial Advisors Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $29,743,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. TD Waterhouse Canada Inc. bought a new position in shares of VanEck Morningstar Wide Moat ETF during the 3rd quarter worth approximately $26,000. First Horizon Corp bought a new position in shares of VanEck Morningstar Wide Moat ETF during the 4th quarter worth approximately $31,000. Harbor Investment Advisory LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF during the 4th quarter worth approximately $33,000. Paladin Advisory Group LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF during the 3rd quarter worth approximately $34,000. Finally, IAG Wealth Partners LLC lifted its position in shares of VanEck Morningstar Wide Moat ETF by 228.7% during the 3rd quarter. IAG Wealth Partners LLC now owns 378 shares of the company’s stock worth $37,000 after buying an additional 263 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Trading Down 0.1%

BATS:MOAT opened at $99.92 on Wednesday. The stock has a market capitalization of $13.49 billion, a PE ratio of 22.53 and a beta of 1.02. The firm’s 50 day moving average is $99.72 and its 200 day moving average is $102.61. VanEck Morningstar Wide Moat ETF has a 12 month low of $87.68 and a 12 month 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.