Flagstar Advisors Inc. Reduces Holdings in VanEck Morningstar Wide Moat ETF $MOAT

Flagstar Advisors Inc. reduced its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 10.3% in the 1st quarter, Holdings Channel reports. The firm owned 42,148 shares of the company’s stock after selling 4,848 shares during the quarter. VanEck Morningstar Wide Moat ETF accounts for about 1.5% of Flagstar Advisors Inc.’s portfolio, making the stock its 18th largest position. Flagstar Advisors Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $4,076,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Etesian Wealth Advisors Inc. boosted its stake in VanEck Morningstar Wide Moat ETF by 2.6% during the 1st quarter. Etesian Wealth Advisors Inc. now owns 196,364 shares of the company’s stock worth $18,988,000 after purchasing an additional 5,063 shares during the last quarter. North Star Investment Management Corp. purchased a new position in shares of VanEck Morningstar Wide Moat ETF in the first quarter worth about $47,000. Patriot Financial Group Insurance Agency LLC lifted its stake in shares of VanEck Morningstar Wide Moat ETF by 118.0% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 7,670 shares of the company’s stock worth $742,000 after buying an additional 4,152 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in VanEck Morningstar Wide Moat ETF by 3.6% during the first quarter. Janney Montgomery Scott LLC now owns 97,895 shares of the company’s stock worth $9,466,000 after acquiring an additional 3,370 shares during the last quarter. Finally, Boomfish Wealth Group LLC boosted its position in VanEck Morningstar Wide Moat ETF by 1.6% during the first quarter. Boomfish Wealth Group LLC now owns 73,381 shares of the company’s stock worth $7,096,000 after acquiring an additional 1,190 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Trading Up 0.6%

Shares of BATS MOAT opened at $103.71 on Tuesday. VanEck Morningstar Wide Moat ETF has a 12-month low of $93.45 and a 12-month high of $108.10. The stock has a market cap of $14.00 billion, a PE ratio of 22.53 and a beta of 1.02. The company has a 50-day moving average of $101.71 and a 200 day moving average of $102.69.

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. MOAT was launched on Apr 25, 2012 and is managed by VanEck.