VanEck Agribusiness ETF (NYSEARCA:MOO) Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lessened its holdings in shares of VanEck Agribusiness ETF (NYSEARCA:MOO) by 12.9% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 31,593 shares of the company’s stock after selling 4,660 shares during the quarter. Commonwealth Equity Services LLC’s holdings in VanEck Agribusiness ETF were worth $2,038,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Stifel Financial Corp increased its position in VanEck Agribusiness ETF by 39.8% in the 3rd quarter. Stifel Financial Corp now owns 4,157 shares of the company’s stock valued at $314,000 after acquiring an additional 1,184 shares during the period. Brookstone Capital Management lifted its position in shares of VanEck Agribusiness ETF by 14.6% during the 4th quarter. Brookstone Capital Management now owns 5,074 shares of the company’s stock valued at $327,000 after acquiring an additional 646 shares during the last quarter. Van ECK Associates Corp boosted its position in shares of VanEck Agribusiness ETF by 174.9% in the 4th quarter. Van ECK Associates Corp now owns 30,714 shares of the company’s stock valued at $1,982,000 after purchasing an additional 19,541 shares during the period. Sanctuary Advisors LLC boosted its holdings in shares of VanEck Agribusiness ETF by 8.0% in the fourth quarter. Sanctuary Advisors LLC now owns 7,768 shares of the company’s stock worth $545,000 after buying an additional 578 shares during the period. Finally, Transform Wealth LLC grew its position in VanEck Agribusiness ETF by 189.3% during the 4th quarter. Transform Wealth LLC now owns 43,525 shares of the company’s stock worth $2,808,000 after purchasing an additional 28,480 shares in the last quarter.

VanEck Agribusiness ETF Trading Up 0.8 %

NYSEARCA:MOO opened at $68.83 on Friday. The firm has a market capitalization of $574.73 million, a price-to-earnings ratio of 18.97 and a beta of 0.93. VanEck Agribusiness ETF has a 1-year low of $63.91 and a 1-year high of $76.19. The business’s fifty day moving average price is $68.29 and its 200 day moving average price is $69.79.

About VanEck Agribusiness ETF

Market Vectors Agribusiness ETF (the Fund) replicates as closely as possible the price and yield performance of the DAXglobal Agribusiness Index (DXAG). DXAG, calculated by Deutsche Borse AG, is a modified market capitalization-weighted index consisting of publicly traded companies engaged in the agriculture business that are traded on global exchanges.