VanEck Morningstar Wide Moat ETF (BATS:MOAT) Shares Sold by Kraft Davis & Associates LLC

Kraft Davis & Associates LLC cut its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 7.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 47,805 shares of the company’s stock after selling 3,746 shares during the quarter. VanEck Morningstar Wide Moat ETF accounts for 1.2% of Kraft Davis & Associates LLC’s holdings, making the stock its 26th largest holding. Kraft Davis & Associates LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $4,042,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the company. Onyx Bridge Wealth Group LLC grew its stake in shares of VanEck Morningstar Wide Moat ETF by 20.1% in the fourth quarter. Onyx Bridge Wealth Group LLC now owns 149,317 shares of the company’s stock valued at $12,673,000 after buying an additional 25,009 shares in the last quarter. Wetzel Investment Advisors Inc. purchased a new position in VanEck Morningstar Wide Moat ETF in the fourth quarter valued at $73,000. Tanager Wealth Management LLP boosted its holdings in VanEck Morningstar Wide Moat ETF by 4.5% in the fourth quarter. Tanager Wealth Management LLP now owns 394,491 shares of the company’s stock valued at $33,480,000 after purchasing an additional 16,901 shares during the period. Beaumont Financial Advisors LLC boosted its holdings in VanEck Morningstar Wide Moat ETF by 33.6% in the fourth quarter. Beaumont Financial Advisors LLC now owns 238,886 shares of the company’s stock valued at $20,274,000 after purchasing an additional 60,133 shares during the period. Finally, Western Wealth Management LLC boosted its holdings in VanEck Morningstar Wide Moat ETF by 4.2% in the fourth quarter. Western Wealth Management LLC now owns 89,765 shares of the company’s stock valued at $7,618,000 after purchasing an additional 3,595 shares during the period.

VanEck Morningstar Wide Moat ETF Price Performance

BATS:MOAT traded up $0.33 during midday trading on Friday, reaching $84.30. The company had a trading volume of 743,472 shares. The firm has a market cap of $14.22 billion, a price-to-earnings ratio of 27.67 and a beta of 1.02. The business’s 50-day simple moving average is $87.06 and its two-hundred day simple moving average is $82.33.

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.