Tanager Wealth Management LLP Trims Stock Position in VanEck Morningstar Wide Moat ETF $MOAT

Tanager Wealth Management LLP reduced its stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 6.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 149,422 shares of the company’s stock after selling 10,359 shares during the quarter. VanEck Morningstar Wide Moat ETF accounts for 1.4% of Tanager Wealth Management LLP’s investment portfolio, making the stock its 19th biggest holding. Tanager Wealth Management LLP owned about 0.11% of VanEck Morningstar Wide Moat ETF worth $14,449,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of MOAT. Mercer Global Advisors Inc. ADV raised its stake in shares of VanEck Morningstar Wide Moat ETF by 1,690.5% during the third quarter. Mercer Global Advisors Inc. ADV now owns 794,616 shares of the company’s stock worth $78,727,000 after purchasing an additional 750,236 shares during the last quarter. Orion Porfolio Solutions LLC grew its position in VanEck Morningstar Wide Moat ETF by 1,387.0% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 611,633 shares of the company’s stock valued at $57,365,000 after buying an additional 570,500 shares during the last quarter. New England Private Wealth Advisors LLC increased its stake in VanEck Morningstar Wide Moat ETF by 184.4% in the 4th quarter. New England Private Wealth Advisors LLC now owns 510,560 shares of the company’s stock valued at $53,268,000 after buying an additional 331,044 shares during the period. Southern Farm Bureau Life Insurance increased its stake in VanEck Morningstar Wide Moat ETF by 31.1% in the 4th quarter. Southern Farm Bureau Life Insurance now owns 1,107,967 shares of the company’s stock valued at $114,720,000 after buying an additional 262,940 shares during the period. Finally, SHP Wealth Management purchased a new position in VanEck Morningstar Wide Moat ETF during the 4th quarter worth $25,653,000.

VanEck Morningstar Wide Moat ETF Stock Performance

MOAT stock opened at $102.14 on Thursday. VanEck Morningstar Wide Moat ETF has a one year low of $91.95 and a one year high of $108.10. The stock has a market capitalization of $13.79 billion, a PE ratio of 22.53 and a beta of 1.02. The company has a fifty day moving average of $101.58 and a 200-day moving average of $102.72.

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.