VanEck Morningstar Wide Moat ETF (BATS:MOAT) Holdings Cut by LPL Financial LLC

LPL Financial LLC decreased its stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 7.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 7,285,775 shares of the company’s stock after selling 591,948 shares during the quarter. LPL Financial LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $675,573,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Kiker Wealth Management LLC acquired a new position in shares of VanEck Morningstar Wide Moat ETF during the 4th quarter worth $25,000. Kentucky Trust Co acquired a new position in shares of VanEck Morningstar Wide Moat ETF during the 4th quarter worth $28,000. Bfsg LLC acquired a new position in shares of VanEck Morningstar Wide Moat ETF during the 4th quarter worth $33,000. Empowered Funds LLC acquired a new position in shares of VanEck Morningstar Wide Moat ETF during the 4th quarter worth $64,000. Finally, Truvestments Capital LLC acquired a new position in shares of VanEck Morningstar Wide Moat ETF during the 3rd quarter worth $70,000.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of MOAT opened at $89.28 on Friday. The company has a market capitalization of $14.02 billion, a PE ratio of 24.84 and a beta of 1.04. VanEck Morningstar Wide Moat ETF has a one year low of $83.63 and a one year high of $99.06. The company’s fifty day moving average price is $92.34 and its 200 day moving average price is $94.57.

VanEck Morningstar Wide Moat ETF Company 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.