Wells Fargo & Company MN trimmed its stake in shares of VanEck Vectors Coal ETF (NYSEARCA:KOL) by 3.8% during the first quarter, HoldingsChannel.com reports. The firm owned 8,167 shares of the exchange traded fund’s stock after selling 323 shares during the quarter. Wells Fargo & Company MN’s holdings in VanEck Vectors Coal ETF were worth $51,000 as of its most recent filing with the SEC.
Separately, V Wealth Advisors LLC raised its stake in shares of VanEck Vectors Coal ETF by 2.3% during the 1st quarter. V Wealth Advisors LLC now owns 31,615 shares of the exchange traded fund’s stock valued at $199,000 after purchasing an additional 707 shares during the period.
Shares of NYSEARCA KOL opened at $72.33 on Friday. The stock’s 50-day simple moving average is $73.75 and its two-hundred day simple moving average is $40.95. VanEck Vectors Coal ETF has a twelve month low of $54.10 and a twelve month high of $124.80.
Market Vectors-Coal ETF (the Fund) seeks to replicate as closely as possible the price and yield return performance of the Stowe Coal Index (COAL or the Index) by investing in a portfolio of securities that generally replicates COAL. COAL, calculated and maintained by Standard & Poor’s Custom Indices on behalf of Stowe Global Indexes LLC, is a rules-based, modified capitalization-weighted, float-adjusted index consisting of publicly traded companies worldwide that are engaged in the coal industry.
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