Rooted Wealth Advisors Inc. Sells 10,213 Shares of VanEck Morningstar Wide Moat ETF $MOAT

Rooted Wealth Advisors Inc. decreased its stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 48.8% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 10,728 shares of the company’s stock after selling 10,213 shares during the quarter. Rooted Wealth Advisors Inc.’s holdings in VanEck Morningstar Wide Moat ETF were worth $1,131,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Arkadios Wealth Advisors increased its holdings in shares of VanEck Morningstar Wide Moat ETF by 2.3% in the 3rd quarter. Arkadios Wealth Advisors now owns 4,443 shares of the company’s stock worth $440,000 after buying an additional 101 shares during the last quarter. Western Pacific Wealth Management LP increased its holdings in shares of VanEck Morningstar Wide Moat ETF by 1.7% in the 4th quarter. Western Pacific Wealth Management LP now owns 6,983 shares of the company’s stock worth $723,000 after buying an additional 116 shares during the last quarter. Sagespring Wealth Partners LLC increased its holdings in shares of VanEck Morningstar Wide Moat ETF by 3.4% in the 4th quarter. Sagespring Wealth Partners LLC now owns 3,597 shares of the company’s stock worth $372,000 after buying an additional 117 shares during the last quarter. Warner Financial Inc. increased its holdings in shares of VanEck Morningstar Wide Moat ETF by 1.2% in the 4th quarter. Warner Financial Inc. now owns 11,305 shares of the company’s stock worth $1,171,000 after buying an additional 132 shares during the last quarter. Finally, Simplicity Wealth LLC increased its holdings in shares of VanEck Morningstar Wide Moat ETF by 4.0% in the 4th quarter. Simplicity Wealth LLC now owns 3,458 shares of the company’s stock worth $358,000 after buying an additional 133 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of BATS:MOAT opened at $102.24 on Monday. The company’s fifty day moving average price is $99.21 and its 200-day moving average price is $102.53. The firm has a market capitalization of $13.80 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a one year low of $87.68 and a one year high of $108.10.

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. MOAT was launched on Apr 25, 2012 and is managed by VanEck.