Compass Advisory Group LLC Decreases Stock Holdings in VanEck Morningstar Wide Moat ETF $MOAT

Compass Advisory Group LLC decreased its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 55.2% during the first quarter, Holdings Channel reports. The firm owned 11,025 shares of the company’s stock after selling 13,557 shares during the quarter. Compass Advisory Group LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $1,066,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. LPL Financial LLC raised its stake in VanEck Morningstar Wide Moat ETF by 2.8% during the 4th quarter. LPL Financial LLC now owns 6,583,657 shares of the company’s stock valued at $681,803,000 after buying an additional 180,972 shares during the last quarter. Boulay Financial Advisors LLC boosted its stake in shares of VanEck Morningstar Wide Moat ETF by 0.6% in the 4th quarter. Boulay Financial Advisors LLC now owns 2,132,699 shares of the company’s stock worth $220,862,000 after buying an additional 13,325 shares during the last quarter. Southern Farm Bureau Life Insurance boosted its stake in shares of VanEck Morningstar Wide Moat ETF by 31.1% in the 4th quarter. Southern Farm Bureau Life Insurance now owns 1,107,967 shares of the company’s stock worth $114,720,000 after buying an additional 262,940 shares during the last quarter. UBS Group AG grew its holdings in shares of VanEck Morningstar Wide Moat ETF by 13.5% in the fourth quarter. UBS Group AG now owns 1,106,486 shares of the company’s stock worth $114,588,000 after acquiring an additional 131,322 shares during the period. Finally, Mercer Global Advisors Inc. ADV grew its holdings in shares of VanEck Morningstar Wide Moat ETF by 1,690.5% in the third quarter. Mercer Global Advisors Inc. ADV now owns 794,616 shares of the company’s stock worth $78,727,000 after acquiring an additional 750,236 shares during the period.

VanEck Morningstar Wide Moat ETF Stock Performance

VanEck Morningstar Wide Moat ETF stock opened at $102.16 on Friday. VanEck Morningstar Wide Moat ETF has a one year low of $92.71 and a one year high of $108.10. The stock has a fifty day moving average of $101.62 and a 200 day moving average of $102.70. The stock has a market cap of $13.79 billion, a PE 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.