Burt Wealth Advisors Sells 289 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Burt Wealth Advisors trimmed its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 10.5% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 2,476 shares of the company’s stock after selling 289 shares during the quarter. Burt Wealth Advisors’ holdings in VanEck Morningstar Wide Moat ETF were worth $240,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of MOAT. Philip James Wealth Mangement LLC boosted its stake in VanEck Morningstar Wide Moat ETF by 1.4% in the third quarter. Philip James Wealth Mangement LLC now owns 163,275 shares of the company’s stock valued at $15,829,000 after buying an additional 2,293 shares in the last quarter. Smith Thornton Advisors LLC boosted its position in VanEck Morningstar Wide Moat ETF by 4.1% in the third quarter. Smith Thornton Advisors LLC now owns 13,835 shares of the company’s stock valued at $1,341,000 after buying an additional 550 shares in the last quarter. Hudson Value Partners LLC grew its stake in shares of VanEck Morningstar Wide Moat ETF by 6.3% during the third quarter. Hudson Value Partners LLC now owns 13,609 shares of the company’s stock worth $1,319,000 after buying an additional 808 shares during the last quarter. Portside Wealth Group LLC acquired a new position in shares of VanEck Morningstar Wide Moat ETF during the third quarter worth $229,000. Finally, Western Pacific Wealth Management LP increased its holdings in VanEck Morningstar Wide Moat ETF by 31.1% in the 3rd quarter. Western Pacific Wealth Management LP now owns 6,751 shares of the company’s stock worth $655,000 after purchasing an additional 1,600 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of MOAT stock traded up $0.45 during mid-day trading on Friday, reaching $96.83. 1,024,722 shares of the stock traded hands. The stock has a market capitalization of $16.37 billion, a P/E ratio of 28.30 and a beta of 1.01. The business has a fifty day moving average price of $95.55 and a two-hundred day moving average price of $90.76.

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.