VanEck Morningstar Wide Moat ETF $MOAT Stake Cut by Tanager Wealth Management LLP

Tanager Wealth Management LLP lessened its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 10.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 134,068 shares of the company’s stock after selling 15,354 shares during the quarter. VanEck Morningstar Wide Moat ETF makes up about 1.2% of Tanager Wealth Management LLP’s investment portfolio, making the stock its 21st largest holding. Tanager Wealth Management LLP owned about 0.10% of VanEck Morningstar Wide Moat ETF worth $13,938,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in MOAT. LPL Financial LLC raised its holdings in shares of VanEck Morningstar Wide Moat ETF by 2.8% during the fourth quarter. LPL Financial LLC now owns 6,583,657 shares of the company’s stock worth $681,803,000 after purchasing an additional 180,972 shares during the period. Boulay Financial Advisors LLC boosted its holdings 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 valued at $220,862,000 after buying an additional 13,325 shares during the period. Royal Bank of Canada grew its position in shares of VanEck Morningstar Wide Moat ETF by 10.8% during the 1st quarter. Royal Bank of Canada now owns 833,825 shares of the company’s stock valued at $80,630,000 after buying an additional 81,552 shares during the last quarter. Verde Capital Management grew its position in shares of VanEck Morningstar Wide Moat ETF by 5.1% during the 1st quarter. Verde Capital Management now owns 658,249 shares of the company’s stock valued at $63,653,000 after buying an additional 31,931 shares during the last quarter. Finally, Sfmg LLC raised its stake in VanEck Morningstar Wide Moat ETF by 1.5% during the fourth quarter. Sfmg LLC now owns 640,814 shares of the company’s stock worth $66,363,000 after acquiring an additional 9,698 shares during the period.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of BATS MOAT opened at $111.73 on Monday. The firm’s 50-day moving average price is $109.48 and its two-hundred day moving average price is $104.10. VanEck Morningstar Wide Moat ETF has a 52-week low of $94.07 and a 52-week high of $115.58. The stock has a market capitalization of $15.08 billion, a P/E 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.