Able Wealth Management LLC Sells 9,587 Shares of VanEck Morningstar Wide Moat ETF $MOAT

Able Wealth Management LLC lowered its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 44.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,002 shares of the company’s stock after selling 9,587 shares during the quarter. Able Wealth Management LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $1,161,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

VanEck Morningstar Wide Moat ETF Trading Up 1.2%

Shares of MOAT stock opened at $105.17 on Thursday. VanEck Morningstar Wide Moat ETF has a 12-month low of $93.96 and a 12-month high of $108.10. The firm’s 50 day moving average is $101.80 and its 200 day moving average is $102.67. The stock has a market capitalization of $14.20 billion, a P/E ratio of 22.53 and a beta of 1.02.

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.