Thrivent Financial for Lutherans Sells 273,509 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Thrivent Financial for Lutherans trimmed its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 26.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 764,145 shares of the company’s stock after selling 273,509 shares during the quarter. Thrivent Financial for Lutherans’ holdings in VanEck Morningstar Wide Moat ETF were worth $74,084,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of VanEck Morningstar Wide Moat ETF during the 2nd quarter valued at $26,000. Mather Group LLC. bought a new stake in VanEck Morningstar Wide Moat ETF during the second quarter valued at about $32,000. Pinnacle Financial Partners Inc grew its holdings in VanEck Morningstar Wide Moat ETF by 81.1% during the third quarter. Pinnacle Financial Partners Inc now owns 373 shares of the company’s stock valued at $36,000 after purchasing an additional 167 shares during the period. Fairman Group LLC purchased a new stake in VanEck Morningstar Wide Moat ETF in the second quarter worth about $41,000. Finally, Cullen Frost Bankers Inc. bought a new position in shares of VanEck Morningstar Wide Moat ETF in the second quarter worth about $50,000.

VanEck Morningstar Wide Moat ETF Trading Down 1.8 %

MOAT stock opened at $94.69 on Monday. The company’s fifty day moving average is $95.88 and its 200-day moving average is $91.34. The stock has a market cap of $16.01 billion, a PE ratio of 28.30 and a beta of 1.01.

VanEck Morningstar Wide Moat ETF 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.