JNBA Financial Advisors Sells 8,815 Shares of VanEck Morningstar Wide Moat ETF $MOAT

JNBA Financial Advisors lessened its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 2.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 382,790 shares of the company’s stock after selling 8,815 shares during the quarter. VanEck Morningstar Wide Moat ETF makes up approximately 3.4% of JNBA Financial Advisors’ holdings, making the stock its 6th biggest holding. JNBA Financial Advisors owned about 0.28% of VanEck Morningstar Wide Moat ETF worth $37,938,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Decker Retirement Planning Inc. bought a new position in VanEck Morningstar Wide Moat ETF in the second quarter valued at approximately $27,000. Keystone Global Partners LLC acquired a new stake in shares of VanEck Morningstar Wide Moat ETF during the second quarter worth $28,000. Intelligent Financial Strategies acquired a new position in VanEck Morningstar Wide Moat ETF in the second quarter valued at about $30,000. Atlantic Union Bankshares Corp acquired a new position in VanEck Morningstar Wide Moat ETF in the second quarter valued at about $34,000. Finally, Maseco LLP bought a new position in VanEck Morningstar Wide Moat ETF during the second quarter worth about $55,000.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of MOAT stock opened at $107.62 on Friday. The stock has a market cap of $14.53 billion, a PE ratio of 22.53 and a beta of 1.02. The stock has a 50-day moving average of $103.72 and a 200-day moving average of $100.30. VanEck Morningstar Wide Moat ETF has a one year low of $75.43 and a one year high of $99.41.

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