Legacy Solutions LLC Cuts Holdings in VanEck Morningstar Wide Moat ETF $MOAT

Legacy Solutions LLC reduced its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 70.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,040 shares of the company’s stock after selling 32,916 shares during the quarter. VanEck Morningstar Wide Moat ETF comprises 1.2% of Legacy Solutions LLC’s investment portfolio, making the stock its 19th biggest holding. Legacy Solutions LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $1,460,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of MOAT. Swmg LLC lifted its holdings in VanEck Morningstar Wide Moat ETF by 1.3% in the fourth quarter. Swmg LLC now owns 7,926 shares of the company’s stock valued at $836,000 after acquiring an additional 103 shares during the period. Russell Investments Group Ltd. increased its holdings in shares of VanEck Morningstar Wide Moat ETF by 60.9% in the 4th quarter. Russell Investments Group Ltd. now owns 296 shares of the company’s stock valued at $31,000 after purchasing an additional 112 shares in the last quarter. Western Pacific Wealth Management LP increased its holdings in shares of VanEck Morningstar Wide Moat ETF by 1.7% in the 4th quarter. Western Pacific Wealth Management LP now owns 6,983 shares of the company’s stock valued at $723,000 after purchasing an additional 116 shares in the last quarter. Warner Financial Inc. lifted its stake in shares of VanEck Morningstar Wide Moat ETF by 1.2% in the fourth quarter. Warner Financial Inc. now owns 11,305 shares of the company’s stock valued at $1,171,000 after purchasing an additional 132 shares during the period. Finally, Simplicity Wealth LLC lifted its stake in shares of VanEck Morningstar Wide Moat ETF by 4.0% in the fourth quarter. Simplicity Wealth LLC now owns 3,458 shares of the company’s stock valued at $358,000 after purchasing an additional 133 shares during the period.

VanEck Morningstar Wide Moat ETF Trading Up 1.5%

MOAT stock opened at $111.20 on Wednesday. The company’s 50-day moving average price is $104.57 and its 200 day moving average price is $102.90. VanEck Morningstar Wide Moat ETF has a 52 week low of $94.07 and a 52 week high of $111.39. The company has a market cap of $15.01 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.