DHK Financial Advisors Inc. Has $5.21 Million Position in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

DHK Financial Advisors Inc. cut its position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 28.7% in the second quarter, Holdings Channel.com reports. The institutional investor owned 60,200 shares of the company’s stock after selling 24,201 shares during the period. VanEck Morningstar Wide Moat ETF comprises 3.7% of DHK Financial Advisors Inc.’s holdings, making the stock its 4th largest position. DHK Financial Advisors Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $5,214,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in MOAT. Hudson Value Partners LLC boosted its holdings in shares of VanEck Morningstar Wide Moat ETF by 5.9% during the fourth quarter. Hudson Value Partners LLC now owns 10,694 shares of the company’s stock worth $908,000 after purchasing an additional 597 shares during the period. United Community Bank purchased a new stake in shares of VanEck Morningstar Wide Moat ETF during the fourth quarter worth $345,000. Cornerstone Advisory LLC increased its position in VanEck Morningstar Wide Moat ETF by 18.0% in the 4th quarter. Cornerstone Advisory LLC now owns 108,631 shares of the company’s stock worth $9,220,000 after purchasing an additional 16,548 shares during the last quarter. Calton & Associates Inc. purchased a new stake in shares of VanEck Morningstar Wide Moat ETF during the 1st quarter worth about $204,000. Finally, Cutler Capital Management LLC lifted its holdings in shares of VanEck Morningstar Wide Moat ETF by 16.6% during the 4th quarter. Cutler Capital Management LLC now owns 14,733 shares of the company’s stock valued at $1,250,000 after buying an additional 2,102 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Stock Up 0.2 %

BATS:MOAT opened at $94.87 on Tuesday. The firm has a market capitalization of $16.04 billion, a P/E ratio of 28.30 and a beta of 1.01. The stock has a 50 day moving average price of $91.20 and a 200 day moving average price of $88.57.

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.