FWG Holdings LLC Sells 1,590 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

FWG Holdings LLC lowered its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 2.0% during the third quarter, HoldingsChannel reports. The institutional investor owned 78,016 shares of the company’s stock after selling 1,590 shares during the period. VanEck Morningstar Wide Moat ETF comprises 3.7% of FWG Holdings LLC’s investment portfolio, making the stock its 7th biggest position. FWG Holdings LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $7,474,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in MOAT. Fairscale Capital LLC bought a new stake in VanEck Morningstar Wide Moat ETF during the second quarter worth approximately $473,000. Goepper Burkhardt LLC boosted its position in VanEck Morningstar Wide Moat ETF by 8.3% during the second quarter. Goepper Burkhardt LLC now owns 50,887 shares of the company’s stock worth $4,407,000 after purchasing an additional 3,905 shares during the period. TPG Advisors LLC bought a new stake in VanEck Morningstar Wide Moat ETF during the second quarter worth approximately $7,572,000. Castleview Partners LLC boosted its position in shares of VanEck Morningstar Wide Moat ETF by 1.6% in the third quarter. Castleview Partners LLC now owns 15,487 shares of the company’s stock valued at $1,501,000 after acquiring an additional 250 shares during the period. Finally, Focus Financial Network Inc. boosted its position in shares of VanEck Morningstar Wide Moat ETF by 3.0% in the third quarter. Focus Financial Network Inc. now owns 24,453 shares of the company’s stock valued at $2,371,000 after acquiring an additional 703 shares during the period.

VanEck Morningstar Wide Moat ETF Stock Up 0.4 %

VanEck Morningstar Wide Moat ETF stock opened at $95.06 on Tuesday. The business’s 50-day moving average is $95.90 and its two-hundred day moving average is $91.41. The firm has a market capitalization of $16.07 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.