MADDEN SECURITIES Corp Sells 544 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

MADDEN SECURITIES Corp lessened its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 3.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 17,000 shares of the company’s stock after selling 544 shares during the period. MADDEN SECURITIES Corp’s holdings in VanEck Morningstar Wide Moat ETF were worth $1,648,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in MOAT. Cetera Investment Advisers grew its position in VanEck Morningstar Wide Moat ETF by 675.1% in the first quarter. Cetera Investment Advisers now owns 655,462 shares of the company’s stock valued at $58,926,000 after acquiring an additional 570,901 shares during the last quarter. First Foundation Advisors increased its stake in shares of VanEck Morningstar Wide Moat ETF by 57.8% in the first quarter. First Foundation Advisors now owns 1,019,331 shares of the company’s stock valued at $91,638,000 after buying an additional 373,164 shares during the period. Brookstone Capital Management grew its stake in shares of VanEck Morningstar Wide Moat ETF by 40.8% in the second quarter. Brookstone Capital Management now owns 987,292 shares of the company’s stock worth $88,461,000 after purchasing an additional 285,929 shares during the last quarter. Osaic Holdings Inc. increased its stake in shares of VanEck Morningstar Wide Moat ETF by 12.8% in the first quarter. Osaic Holdings Inc. now owns 1,739,857 shares of the company’s stock valued at $156,380,000 after buying an additional 198,105 shares during the period. Finally, Fiduciary Financial Group LLC acquired a new position in shares of VanEck Morningstar Wide Moat ETF in the 2nd quarter worth approximately $17,311,000.

VanEck Morningstar Wide Moat ETF Stock Performance

MOAT stock opened at $96.44 on Friday. The stock has a fifty day simple moving average of $93.79 and a 200-day simple moving average of $89.60. The company has a market cap of $16.31 billion, a price-to-earnings ratio of 28.30 and a beta of 1.01.

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.