Archford Capital Strategies LLC Sells 5,997 Shares of VanEck Morningstar Wide Moat ETF $MOAT

Archford Capital Strategies LLC trimmed its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 14.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,687 shares of the company’s stock after selling 5,997 shares during the period. Archford Capital Strategies LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $3,253,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Garrison Bradford & Associates Inc. acquired a new position in VanEck Morningstar Wide Moat ETF during the first quarter valued at approximately $26,000. N.E.W. Advisory Services LLC acquired a new position in VanEck Morningstar Wide Moat ETF during the first quarter valued at approximately $26,000. Keystone Global Partners LLC acquired a new position in VanEck Morningstar Wide Moat ETF during the second quarter valued at approximately $28,000. Financial Gravity Asset Management Inc. acquired a new position in VanEck Morningstar Wide Moat ETF during the first quarter valued at approximately $29,000. Finally, Golden State Wealth Management LLC grew its holdings in VanEck Morningstar Wide Moat ETF by 100.0% during the first quarter. Golden State Wealth Management LLC now owns 408 shares of the company’s stock valued at $36,000 after purchasing an additional 204 shares during the period.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of BATS MOAT opened at $98.35 on Monday. The stock has a market cap of $13.28 billion, a P/E ratio of 22.53 and a beta of 1.02. The firm has a 50 day moving average price of $97.88 and a 200 day moving average price of $92.07. VanEck Morningstar Wide Moat ETF has a 52-week low of $75.43 and a 52-week high of $99.41.

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.