Kelman Lazarov Inc. Sells 22,465 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Kelman Lazarov Inc. decreased its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 4.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 525,528 shares of the company’s stock after selling 22,465 shares during the quarter. VanEck Morningstar Wide Moat ETF comprises 8.8% of Kelman Lazarov Inc.’s investment portfolio, making the stock its 3rd biggest position. Kelman Lazarov Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $48,730,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Raymond James Financial Inc. acquired a new position in VanEck Morningstar Wide Moat ETF in the 4th quarter valued at approximately $502,621,000. Mesirow Financial Investment Management Inc. raised its holdings in shares of VanEck Morningstar Wide Moat ETF by 32.5% in the fourth quarter. Mesirow Financial Investment Management Inc. now owns 3,500,055 shares of the company’s stock valued at $324,541,000 after purchasing an additional 858,400 shares during the last quarter. Wells Fargo & Company MN raised its holdings in shares of VanEck Morningstar Wide Moat ETF by 2.9% in the fourth quarter. Wells Fargo & Company MN now owns 2,714,039 shares of the company’s stock valued at $251,659,000 after purchasing an additional 77,724 shares during the last quarter. Avantax Advisory Services Inc. increased its holdings in VanEck Morningstar Wide Moat ETF by 18.2% during the fourth quarter. Avantax Advisory Services Inc. now owns 869,839 shares of the company’s stock worth $80,656,000 after buying an additional 134,193 shares during the last quarter. Finally, JNBA Financial Advisors increased its holdings in VanEck Morningstar Wide Moat ETF by 0.6% during the fourth quarter. JNBA Financial Advisors now owns 820,432 shares of the company’s stock worth $76,075,000 after buying an additional 4,693 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Stock Down 9.7 %

MOAT opened at $83.32 on Thursday. The firm has a 50-day moving average price of $89.37 and a 200-day moving average price of $93.57. The company has a market capitalization of $12.82 billion, a price-to-earnings ratio of 24.14 and a beta of 1.04. VanEck Morningstar Wide Moat ETF has a twelve month low of $75.43 and a twelve month high of $99.06.

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.