VanEck Morningstar Wide Moat ETF $MOAT Shares Sold by Obermeyer Wealth Partners

Obermeyer Wealth Partners cut its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 39.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 161,743 shares of the company’s stock after selling 104,311 shares during the quarter. Obermeyer Wealth Partners owned 0.12% of VanEck Morningstar Wide Moat ETF worth $16,030,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Decker Retirement Planning Inc. purchased a new position in VanEck Morningstar Wide Moat ETF in the second quarter valued at $27,000. Keystone Global Partners LLC acquired a new stake in VanEck Morningstar Wide Moat ETF in the 2nd quarter valued at about $28,000. Intelligent Financial Strategies purchased a new position in shares of VanEck Morningstar Wide Moat ETF in the 2nd quarter valued at about $30,000. Atlantic Union Bankshares Corp purchased a new stake in shares of VanEck Morningstar Wide Moat ETF during the second quarter worth approximately $34,000. Finally, Maseco LLP acquired a new stake in VanEck Morningstar Wide Moat ETF in the second quarter valued at approximately $55,000.

VanEck Morningstar Wide Moat ETF Stock Up 15.7%

Shares of VanEck Morningstar Wide Moat ETF stock opened at $106.79 on Wednesday. VanEck Morningstar Wide Moat ETF has a 52-week low of $75.43 and a 52-week high of $99.41. The company has a market capitalization of $14.42 billion, a P/E ratio of 22.53 and a beta of 1.02. The company has a 50 day moving average of $103.44 and a 200 day moving average of $100.20.

About VanEck Morningstar Wide Moat ETF

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.