Larson Financial Group LLC Trims Stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Larson Financial Group LLC reduced its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 6.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,868 shares of the company’s stock after selling 821 shares during the quarter. Larson Financial Group LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $1,067,000 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 MOAT. Spire Wealth Management increased its position in shares of VanEck Morningstar Wide Moat ETF by 2.8% during the first quarter. Spire Wealth Management now owns 4,850 shares of the company’s stock worth $436,000 after acquiring an additional 133 shares during the period. MONECO Advisors LLC increased its holdings in VanEck Morningstar Wide Moat ETF by 4.4% during the fourth quarter. MONECO Advisors LLC now owns 3,502 shares of the company’s stock valued at $297,000 after buying an additional 146 shares during the period. National Bank of Canada FI increased its holdings in VanEck Morningstar Wide Moat ETF by 1.0% during the fourth quarter. National Bank of Canada FI now owns 16,569 shares of the company’s stock valued at $1,402,000 after buying an additional 166 shares during the period. Belpointe Asset Management LLC increased its holdings in VanEck Morningstar Wide Moat ETF by 2.2% during the fourth quarter. Belpointe Asset Management LLC now owns 8,219 shares of the company’s stock valued at $698,000 after buying an additional 180 shares during the period. Finally, Cornerstone Wealth Group LLC increased its holdings in VanEck Morningstar Wide Moat ETF by 0.3% during the first quarter. Cornerstone Wealth Group LLC now owns 54,993 shares of the company’s stock valued at $4,944,000 after buying an additional 190 shares during the period.

VanEck Morningstar Wide Moat ETF Stock Up 0.7 %

MOAT traded up $0.56 during trading on Wednesday, hitting $86.46. The stock had a trading volume of 1,016,384 shares. The stock has a market cap of $14.62 billion, a P/E ratio of 28.30 and a beta of 1.01. The business’s fifty day simple moving average is $87.06 and its 200 day simple moving average is $86.29.

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.