Wealth Enhancement Advisory Services LLC Sells 37,507 Shares of VanEck Morningstar Wide Moat ETF $MOAT

Wealth Enhancement Advisory Services LLC decreased its stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 9.5% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 355,411 shares of the company’s stock after selling 37,507 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $37,817,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MOAT. TD Waterhouse Canada Inc. bought a new position in VanEck Morningstar Wide Moat ETF during the 3rd quarter worth approximately $26,000. Harbor Investment Advisory LLC bought a new position in VanEck Morningstar Wide Moat ETF during the fourth quarter worth $33,000. Paladin Advisory Group LLC acquired a new position in VanEck Morningstar Wide Moat ETF in the third quarter valued at $34,000. IAG Wealth Partners LLC boosted its position in VanEck Morningstar Wide Moat ETF by 228.7% during the third quarter. IAG Wealth Partners LLC now owns 378 shares of the company’s stock valued at $37,000 after acquiring an additional 263 shares during the last quarter. Finally, Collier Financial acquired a new stake in VanEck Morningstar Wide Moat ETF during the 3rd quarter worth about $50,000.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of BATS:MOAT opened at $97.55 on Tuesday. VanEck Morningstar Wide Moat ETF has a 1 year low of $75.43 and a 1 year high of $108.10. The business’s 50-day moving average is $104.40 and its 200-day moving average is $102.67. The company has a market capitalization of $13.17 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02.

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. MOAT was launched on Apr 25, 2012 and is managed by VanEck.