Sequoia Financial Advisors LLC Sells 21,910 Shares of VanEck Morningstar Wide Moat ETF $MOAT

Sequoia Financial Advisors LLC lessened its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 14.3% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 131,329 shares of the company’s stock after selling 21,910 shares during the period. Sequoia Financial Advisors LLC owned 0.10% of VanEck Morningstar Wide Moat ETF worth $12,699,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Swmg LLC raised its position in VanEck Morningstar Wide Moat ETF by 1.3% during the 4th quarter. Swmg LLC now owns 7,926 shares of the company’s stock worth $836,000 after purchasing an additional 103 shares during the last quarter. Russell Investments Group Ltd. grew its position in shares of VanEck Morningstar Wide Moat ETF by 60.9% in the 4th quarter. Russell Investments Group Ltd. now owns 296 shares of the company’s stock valued at $31,000 after buying an additional 112 shares during the last quarter. Western Pacific Wealth Management LP increased its stake in shares of VanEck Morningstar Wide Moat ETF by 1.7% in the fourth quarter. Western Pacific Wealth Management LP now owns 6,983 shares of the company’s stock valued at $723,000 after buying an additional 116 shares during the period. Sagespring Wealth Partners LLC increased its stake in shares of VanEck Morningstar Wide Moat ETF by 3.4% in the fourth quarter. Sagespring Wealth Partners LLC now owns 3,597 shares of the company’s stock valued at $372,000 after buying an additional 117 shares during the period. Finally, Warner Financial Inc. increased its stake in shares of VanEck Morningstar Wide Moat ETF by 1.2% in the fourth quarter. Warner Financial Inc. now owns 11,305 shares of the company’s stock valued at $1,171,000 after buying an additional 132 shares during the period.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of MOAT traded up $0.57 during mid-day trading on Friday, reaching $106.26. 434,399 shares of the company were exchanged, compared to its average volume of 1,004,335. The business has a 50 day simple moving average of $102.50 and a two-hundred day simple moving average of $102.73. The stock has a market capitalization of $14.35 billion, a PE ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a 52 week low of $93.96 and a 52 week high of $108.10.

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.