MCF Advisors LLC Cuts Stock Position in VanEck Morningstar Wide Moat ETF $MOAT

MCF Advisors LLC trimmed its position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 40.5% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 49,362 shares of the company’s stock after selling 33,535 shares during the quarter. MCF Advisors LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $5,132,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Swmg LLC boosted its position in shares of VanEck Morningstar Wide Moat ETF by 1.3% in the 4th quarter. Swmg LLC now owns 7,926 shares of the company’s stock worth $836,000 after purchasing an additional 103 shares in the last quarter. Russell Investments Group Ltd. lifted its stake in shares of VanEck Morningstar Wide Moat ETF by 60.9% during the fourth quarter. Russell Investments Group Ltd. now owns 296 shares of the company’s stock worth $31,000 after buying an additional 112 shares during the period. Western Pacific Wealth Management LP grew its holdings in shares of VanEck Morningstar Wide Moat ETF by 1.7% during the fourth quarter. Western Pacific Wealth Management LP now owns 6,983 shares of the company’s stock valued at $723,000 after buying an additional 116 shares during the last quarter. RDA Financial Network increased its position in shares of VanEck Morningstar Wide Moat ETF by 0.4% in the 2nd quarter. RDA Financial Network now owns 35,413 shares of the company’s stock valued at $3,682,000 after acquiring an additional 150 shares during the period. Finally, Root Financial Partners LLC increased its position in shares of VanEck Morningstar Wide Moat ETF by 1.6% in the 1st quarter. Root Financial Partners LLC now owns 9,799 shares of the company’s stock valued at $948,000 after acquiring an additional 152 shares during the period.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of MOAT stock opened at $108.96 on Thursday. The business has a fifty day moving average of $109.83 and a 200 day moving average of $104.19. VanEck Morningstar Wide Moat ETF has a 1 year low of $94.07 and a 1 year high of $115.58. The firm has a market capitalization of $14.71 billion, a price-to-earnings 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.