Saxony Capital Management LLC Sells 156 Shares of VanEck Morningstar Wide Moat ETF $MOAT

Saxony Capital Management LLC lowered its position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 6.7% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,165 shares of the company’s stock after selling 156 shares during the quarter. Saxony Capital Management LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $203,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Garrison Bradford & Associates Inc. purchased a new stake in shares of VanEck Morningstar Wide Moat ETF during the 1st quarter worth approximately $26,000. N.E.W. Advisory Services LLC purchased a new stake in shares of VanEck Morningstar Wide Moat ETF during the 1st quarter worth approximately $26,000. Keystone Global Partners LLC purchased a new stake in shares of VanEck Morningstar Wide Moat ETF during the 2nd quarter worth approximately $28,000. Financial Gravity Asset Management Inc. purchased a new stake in shares of VanEck Morningstar Wide Moat ETF during the 1st quarter worth approximately $29,000. Finally, Intelligent Financial Strategies purchased a new stake in shares of VanEck Morningstar Wide Moat ETF during the 2nd quarter worth approximately $30,000.

VanEck Morningstar Wide Moat ETF Stock Up 10.3%

Shares of MOAT stock opened at $101.81 on Friday. The company has a 50 day moving average of $99.53 and a 200-day moving average of $94.72. VanEck Morningstar Wide Moat ETF has a 12-month low of $75.43 and a 12-month high of $99.41. The firm has a market cap of $13.74 billion, a P/E ratio of 22.53 and a beta of 1.02.

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.