Essex Financial Services Inc. Sells 15,088 Shares of VanEck Morningstar Wide Moat ETF $MOAT

Essex Financial Services Inc. trimmed its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 40.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,331 shares of the company’s stock after selling 15,088 shares during the period. Essex Financial Services Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $2,213,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MOAT. TD Waterhouse Canada Inc. purchased a new position in VanEck Morningstar Wide Moat ETF in the 3rd quarter valued at about $26,000. Decker Retirement Planning Inc. acquired a new position in shares of VanEck Morningstar Wide Moat ETF during the second quarter valued at approximately $27,000. Intelligent Financial Strategies purchased a new position in shares of VanEck Morningstar Wide Moat ETF in the second quarter valued at approximately $30,000. Paladin Advisory Group LLC acquired a new stake in shares of VanEck Morningstar Wide Moat ETF in the third quarter worth approximately $34,000. Finally, Atlantic Union Bankshares Corp purchased a new stake in shares of VanEck Morningstar Wide Moat ETF during the second quarter worth approximately $34,000.

VanEck Morningstar Wide Moat ETF Stock Up 0.8%

Shares of MOAT stock opened at $106.11 on Thursday. The firm has a 50 day moving average of $105.53 and a two-hundred day moving average of $101.83. The stock has a market capitalization of $14.32 billion, a PE ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a 52 week low of $75.43 and a 52 week high of $108.10.

VanEck Morningstar Wide Moat ETF Company 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. MOAT was launched on Apr 25, 2012 and is managed by VanEck.