VanEck Morningstar Wide Moat ETF (BATS:MOAT) Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp cut its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 45.0% in the first quarter, Holdings Channel reports. The firm owned 208,325 shares of the company’s stock after selling 170,261 shares during the period. Bank of New York Mellon Corp’s holdings in VanEck Morningstar Wide Moat ETF were worth $18,333,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in MOAT. Kiker Wealth Management LLC acquired a new stake in shares of VanEck Morningstar Wide Moat ETF in the 4th quarter valued at about $25,000. Golden State Wealth Management LLC raised its stake in shares of VanEck Morningstar Wide Moat ETF by 100.0% during the 1st quarter. Golden State Wealth Management LLC now owns 408 shares of the company’s stock worth $36,000 after buying an additional 204 shares in the last quarter. Transce3nd LLC purchased a new position in shares of VanEck Morningstar Wide Moat ETF during the 4th quarter worth approximately $44,000. Rosenberg Matthew Hamilton purchased a new position in shares of VanEck Morningstar Wide Moat ETF during the 1st quarter worth approximately $45,000. Finally, Bellwether Advisors LLC purchased a new position in shares of VanEck Morningstar Wide Moat ETF during the 4th quarter worth approximately $53,000.

VanEck Morningstar Wide Moat ETF Trading Up 4.2%

Shares of MOAT stock opened at $96.12 on Friday. VanEck Morningstar Wide Moat ETF has a 12-month low of $75.43 and a 12-month high of $99.06. The company has a market cap of $12.98 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02. The stock has a 50 day simple moving average of $92.45 and a 200-day simple moving average of $90.38.

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.