WealthPLAN Partners LLC Sells 9,854 Shares of VanEck Morningstar Wide Moat ETF $MOAT

WealthPLAN Partners LLC trimmed its position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 23.4% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 32,174 shares of the company’s stock after selling 9,854 shares during the quarter. WealthPLAN Partners LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $3,111,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. MBM Wealth Consultants LLC purchased a new position in shares of VanEck Morningstar Wide Moat ETF during the first quarter worth approximately $25,000. Mcguire Capital Advisors Inc. bought a new position in shares of VanEck Morningstar Wide Moat ETF during the 4th quarter valued at $29,000. First Horizon Corp purchased a new position in VanEck Morningstar Wide Moat ETF in the 4th quarter worth $31,000. Russell Investments Group Ltd. raised its position in VanEck Morningstar Wide Moat ETF by 60.9% in the 4th quarter. Russell Investments Group Ltd. now owns 296 shares of the company’s stock worth $31,000 after purchasing an additional 112 shares during the period. Finally, Empowered Funds LLC bought a new stake in VanEck Morningstar Wide Moat ETF in the fourth quarter worth $32,000.

VanEck Morningstar Wide Moat ETF Trading Down 0.1%

Shares of BATS:MOAT opened at $106.01 on Wednesday. The stock has a market capitalization of $14.31 billion, a P/E ratio of 22.53 and a beta of 1.02. The stock’s 50-day moving average price is $102.19 and its 200-day moving average price is $102.70. VanEck Morningstar Wide Moat ETF has a 12-month low of $93.96 and a 12-month 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.