Rockefeller Capital Management L.P. Decreases Stake in VanEck Morningstar Wide Moat ETF $MOAT

Rockefeller Capital Management L.P. lessened its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 1.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 118,683 shares of the company’s stock after selling 1,272 shares during the period. Rockefeller Capital Management L.P.’s holdings in VanEck Morningstar Wide Moat ETF were worth $11,131,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of MOAT. Brighton Jones LLC acquired a new position in shares of VanEck Morningstar Wide Moat ETF during the 4th quarter worth approximately $528,000. Alpha Omega Group Inc. lifted its position in VanEck Morningstar Wide Moat ETF by 0.9% during the first quarter. Alpha Omega Group Inc. now owns 161,073 shares of the company’s stock worth $14,174,000 after buying an additional 1,456 shares in the last quarter. Garrison Bradford & Associates Inc. purchased a new position in VanEck Morningstar Wide Moat ETF during the first quarter worth approximately $26,000. Mendel Money Management boosted its stake in VanEck Morningstar Wide Moat ETF by 4.4% during the first quarter. Mendel Money Management now owns 13,429 shares of the company’s stock worth $1,182,000 after buying an additional 572 shares during the last quarter. Finally, SFE Investment Counsel purchased a new stake in VanEck Morningstar Wide Moat ETF in the 1st quarter valued at $289,000.

VanEck Morningstar Wide Moat ETF Stock Up 7.3%

Shares of MOAT opened at $99.03 on Thursday. VanEck Morningstar Wide Moat ETF has a 52-week low of $75.43 and a 52-week high of $99.41. The stock has a fifty day simple moving average of $100.09 and a two-hundred day simple moving average of $96.33. The company has a market capitalization of $13.37 billion, a PE ratio of 22.53 and a beta of 1.02.

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.