VanEck Morningstar Wide Moat ETF $MOAT Stock Sold by Provenance Wealth Advisors LLC

Provenance Wealth Advisors LLC trimmed its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 42.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 482,624 shares of the company’s stock after selling 361,726 shares during the quarter. VanEck Morningstar Wide Moat ETF accounts for about 3.0% of Provenance Wealth Advisors LLC’s portfolio, making the stock its 9th largest position. Provenance Wealth Advisors LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $51,018,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Harbor Group Inc. purchased a new stake in VanEck Morningstar Wide Moat ETF in the third quarter valued at about $53,492,000. James J. Burns & Company LLC purchased a new stake in shares of VanEck Morningstar Wide Moat ETF during the third quarter worth about $21,287,000. Beaumont Asset Management L.L.C. acquired a new position in shares of VanEck Morningstar Wide Moat ETF during the third quarter valued at about $18,995,000. Absolute Gestao de Investimentos Ltda. acquired a new position in shares of VanEck Morningstar Wide Moat ETF during the second quarter valued at about $18,566,000. Finally, Robertson Stephens Wealth Management LLC acquired a new position in shares of VanEck Morningstar Wide Moat ETF during the third quarter valued at about $14,065,000.

VanEck Morningstar Wide Moat ETF Stock Up 0.1%

Shares of VanEck Morningstar Wide Moat ETF stock opened at $114.16 on Wednesday. The firm has a market capitalization of $15.41 billion, a P/E ratio of 22.53 and a beta of 1.02. The company has a 50 day moving average price of $110.20 and a 200 day moving average price of $105.42. VanEck Morningstar Wide Moat ETF has a 52 week low of $94.07 and a 52 week high of $115.58.

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.