Western Wealth Management LLC Lowers Stock Holdings in VanEck Morningstar Wide Moat ETF $MOAT

Western Wealth Management LLC decreased its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 15.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,855 shares of the company’s stock after selling 8,009 shares during the period. Western Wealth Management LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $4,346,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also added to or reduced their stakes in MOAT. Burt Wealth Advisors acquired a new stake in shares of VanEck Morningstar Wide Moat ETF in the third quarter valued at about $200,000. Collier Financial acquired a new position in shares of VanEck Morningstar Wide Moat ETF during the 3rd quarter worth about $50,000. Paladin Advisory Group LLC purchased a new position in VanEck Morningstar Wide Moat ETF in the 3rd quarter valued at about $34,000. Capital Investment Advisory Services LLC boosted its holdings in VanEck Morningstar Wide Moat ETF by 1.3% in the 3rd quarter. Capital Investment Advisory Services LLC now owns 48,598 shares of the company’s stock worth $4,817,000 after buying an additional 620 shares during the last quarter. Finally, MONECO Advisors LLC increased its stake in VanEck Morningstar Wide Moat ETF by 293.5% during the 3rd quarter. MONECO Advisors LLC now owns 12,800 shares of the company’s stock worth $1,269,000 after buying an additional 9,547 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Price Performance

BATS MOAT opened at $105.60 on Monday. The company has a market cap of $14.26 billion, a PE ratio of 22.53 and a beta of 1.02. The stock’s 50 day simple moving average is $105.33 and its 200-day simple moving average is $101.44. VanEck Morningstar Wide Moat ETF has a 1-year low of $75.43 and a 1-year high of $99.41.

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.