VanEck Morningstar Wide Moat ETF (BATS:MOAT) Shares Sold by Fairscale Capital LLC

Fairscale Capital LLC lessened its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 3.3% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,118 shares of the company’s stock after selling 173 shares during the period. Fairscale Capital LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $496,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. LPL Financial LLC grew its position in VanEck Morningstar Wide Moat ETF by 8.4% in the 3rd quarter. LPL Financial LLC now owns 7,877,723 shares of the company’s stock valued at $763,745,000 after buying an additional 613,683 shares in the last quarter. Cetera Investment Advisers grew its position in VanEck Morningstar Wide Moat ETF by 675.1% in the 1st quarter. Cetera Investment Advisers now owns 655,462 shares of the company’s stock valued at $58,926,000 after buying an additional 570,901 shares in the last quarter. Redhawk Wealth Advisors Inc. grew its position in VanEck Morningstar Wide Moat ETF by 11,390.1% in the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 316,668 shares of the company’s stock valued at $30,701,000 after buying an additional 313,912 shares in the last quarter. Brookstone Capital Management grew its position in VanEck Morningstar Wide Moat ETF by 40.8% in the 2nd quarter. Brookstone Capital Management now owns 987,292 shares of the company’s stock valued at $88,461,000 after buying an additional 285,929 shares in the last quarter. Finally, Fiduciary Financial Group LLC bought a new position in VanEck Morningstar Wide Moat ETF in the 2nd quarter valued at about $17,311,000.

VanEck Morningstar Wide Moat ETF Stock Up 1.2 %

Shares of MOAT opened at $97.45 on Friday. The firm has a 50-day moving average of $96.05 and a 200-day moving average of $91.64. The company has a market cap of $16.48 billion, a price-to-earnings ratio of 28.30 and a beta of 1.01.

VanEck Morningstar Wide Moat ETF 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.