Brighton Jones LLC decreased its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT – Free Report) by 71.8% in the third quarter, Holdings Channel.com reports. The institutional investor owned 5,115 shares of the company’s stock after selling 13,007 shares during the quarter. Brighton Jones LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $541,000 at the end of the most recent reporting period.
A number of other hedge funds have also modified their holdings of MOAT. Rooted Wealth Advisors Inc. purchased a new position in VanEck Morningstar Wide Moat ETF in the 3rd quarter worth approximately $626,000. Endowment Wealth Management Inc. purchased a new stake in shares of VanEck Morningstar Wide Moat ETF in the third quarter valued at approximately $2,030,000. StoneX Group Inc. purchased a new stake in shares of VanEck Morningstar Wide Moat ETF in the third quarter valued at approximately $5,194,000. Leelyn Smith LLC purchased a new stake in shares of VanEck Morningstar Wide Moat ETF in the third quarter valued at approximately $57,004,000. Finally, Sierra Ocean LLC acquired a new stake in shares of VanEck Morningstar Wide Moat ETF in the third quarter valued at approximately $1,359,000.
VanEck Morningstar Wide Moat ETF Stock Performance
Shares of VanEck Morningstar Wide Moat ETF stock opened at $116.59 on Friday. The business’s 50 day moving average price is $110.60 and its 200 day moving average price is $105.80. The company has a market cap of $12.20 billion, a price-to-earnings ratio of 22.24 and a beta of 0.97. VanEck Morningstar Wide Moat ETF has a one year low of $94.07 and a one year high of $118.52.
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.
Further Reading
- Five stocks we like better than VanEck Morningstar Wide Moat ETF
- Nu Holdings Earnings Show a Compounder Priced Like a Brazil Bet
- Game On: The Hidden Value in Take-Two’s Stock
- LightPath Technologies’ Record Backlog Highlights a Bigger Defense Opportunity
- A 10-Stock Strategy That Balances AI Growth With Cash Flow
Want to see what other hedge funds are holding MOAT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Morningstar Wide Moat ETF (BATS:MOAT – Free Report).
Receive News & Ratings for VanEck Morningstar Wide Moat ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Morningstar Wide Moat ETF and related companies with MarketBeat.com's FREE daily email newsletter.
