VanEck Morningstar Wide Moat ETF $MOAT Position Cut by Tanager Wealth Management LLP

Tanager Wealth Management LLP decreased its position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 10.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 134,068 shares of the company’s stock after selling 15,354 shares during the quarter. VanEck Morningstar Wide Moat ETF comprises about 1.2% of Tanager Wealth Management LLP’s investment portfolio, making the stock its 21st largest holding. Tanager Wealth Management LLP’s holdings in VanEck Morningstar Wide Moat ETF were worth $13,938,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Swmg LLC lifted its position in VanEck Morningstar Wide Moat ETF by 1.3% in the 4th quarter. Swmg LLC now owns 7,926 shares of the company’s stock valued at $836,000 after purchasing an additional 103 shares during the last quarter. Russell Investments Group Ltd. grew its position in VanEck Morningstar Wide Moat ETF by 60.9% in the 4th quarter. Russell Investments Group Ltd. now owns 296 shares of the company’s stock worth $31,000 after purchasing an additional 112 shares during the last quarter. Western Pacific Wealth Management LP grew its position in 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 purchasing an additional 116 shares during the last quarter. RDA Financial Network increased its stake in shares of VanEck Morningstar Wide Moat ETF by 0.4% in the second quarter. RDA Financial Network now owns 35,413 shares of the company’s stock valued at $3,682,000 after purchasing an additional 150 shares during the period. Finally, Root Financial Partners LLC increased its stake in shares of VanEck Morningstar Wide Moat ETF by 1.6% in the first quarter. Root Financial Partners LLC now owns 9,799 shares of the company’s stock valued at $948,000 after purchasing an additional 152 shares during the period.

VanEck Morningstar Wide Moat ETF Stock Performance

MOAT opened at $111.73 on Monday. The business’s 50 day moving average is $109.48 and its 200-day moving average is $104.10. The stock has a market cap of $15.08 billion, a PE ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a twelve month low of $94.07 and a twelve month high of $115.58.

VanEck Morningstar Wide Moat ETF Company 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.