VanEck Morningstar Wide Moat ETF $MOAT Shares Sold by Coastline Complete Wealth LLC

Coastline Complete Wealth LLC lessened its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 3.7% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 123,709 shares of the company’s stock after selling 4,726 shares during the period. VanEck Morningstar Wide Moat ETF accounts for approximately 7.4% of Coastline Complete Wealth LLC’s portfolio, making the stock its 3rd biggest position. Coastline Complete Wealth LLC owned about 0.09% of VanEck Morningstar Wide Moat ETF worth $11,963,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. MBM Wealth Consultants LLC purchased a new stake in shares of VanEck Morningstar Wide Moat ETF in the first quarter valued at about $25,000. Mcguire Capital Advisors Inc. purchased a new position in VanEck Morningstar Wide Moat ETF during the fourth quarter worth about $29,000. Russell Investments Group Ltd. raised its stake in VanEck Morningstar Wide Moat ETF by 60.9% during the fourth quarter. Russell Investments Group Ltd. now owns 296 shares of the company’s stock worth $31,000 after purchasing an additional 112 shares during the period. First Horizon Corp purchased a new position in VanEck Morningstar Wide Moat ETF during the fourth quarter worth about $31,000. Finally, Empowered Funds LLC acquired a new position in VanEck Morningstar Wide Moat ETF in the 4th quarter valued at about $32,000.

VanEck Morningstar Wide Moat ETF Price Performance

BATS:MOAT opened at $108.08 on Friday. The company’s 50-day moving average is $104.24 and its two-hundred day moving average is $102.89. VanEck Morningstar Wide Moat ETF has a 1-year low of $94.07 and a 1-year high of $109.24. The firm has a market capitalization of $14.59 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02.

VanEck Morningstar Wide Moat ETF Company 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.