VanEck Morningstar Wide Moat ETF $MOAT Shares Sold by Cahill Financial Advisors Inc.

Cahill Financial Advisors Inc. cut its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 1.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 448,799 shares of the company’s stock after selling 4,933 shares during the period. VanEck Morningstar Wide Moat ETF comprises about 5.2% of Cahill Financial Advisors Inc.’s portfolio, making the stock its 2nd biggest position. Cahill Financial Advisors Inc. owned about 0.33% of VanEck Morningstar Wide Moat ETF worth $42,093,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Brighton Jones LLC purchased a new stake in shares of VanEck Morningstar Wide Moat ETF during the fourth quarter worth $528,000. Schechter Investment Advisors LLC acquired a new position in VanEck Morningstar Wide Moat ETF during the 1st quarter worth $279,000. Leelyn Smith LLC grew its stake in VanEck Morningstar Wide Moat ETF by 5.4% during the 1st quarter. Leelyn Smith LLC now owns 488,447 shares of the company’s stock worth $42,983,000 after purchasing an additional 25,156 shares in the last quarter. Larson Financial Group LLC increased its holdings in VanEck Morningstar Wide Moat ETF by 8.8% during the 1st quarter. Larson Financial Group LLC now owns 9,374 shares of the company’s stock worth $825,000 after purchasing an additional 757 shares during the period. Finally, FWG Holdings LLC raised its position in VanEck Morningstar Wide Moat ETF by 1.4% in the 1st quarter. FWG Holdings LLC now owns 82,123 shares of the company’s stock valued at $7,032,000 after purchasing an additional 1,154 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of MOAT opened at $99.99 on Monday. The stock has a 50-day simple moving average of $99.72 and a 200-day simple moving average of $95.58. The stock has a market capitalization of $13.50 billion, a PE ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a 1 year low of $75.43 and a 1 year 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.