Modern Wealth Management LLC Sells 2,183 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Modern Wealth Management LLC lowered its stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 3.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 54,462 shares of the company’s stock after selling 2,183 shares during the period. Modern Wealth Management LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $4,997,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Kiker Wealth Management LLC bought a new position in VanEck Morningstar Wide Moat ETF during the 4th quarter valued at approximately $25,000. Kentucky Trust Co bought a new position in shares of VanEck Morningstar Wide Moat ETF during the fourth quarter valued at approximately $28,000. Bfsg LLC purchased a new stake in VanEck Morningstar Wide Moat ETF in the fourth quarter worth $33,000. Empowered Funds LLC bought a new stake in VanEck Morningstar Wide Moat ETF in the fourth quarter valued at $64,000. Finally, Truvestments Capital LLC bought a new position in VanEck Morningstar Wide Moat ETF in the 3rd quarter worth $70,000.

VanEck Morningstar Wide Moat ETF Trading Down 2.0 %

Shares of MOAT opened at $90.41 on Tuesday. VanEck Morningstar Wide Moat ETF has a 1-year low of $83.63 and a 1-year high of $99.06. The firm’s 50-day moving average price is $92.33 and its 200-day moving average price is $94.55. The firm has a market capitalization of $14.19 billion, a price-to-earnings ratio of 24.84 and a beta of 1.04.

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.