Thrivent Financial for Lutherans reduced its position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT – Free Report) by 32.2% in the 2nd quarter, HoldingsChannel reports. The firm owned 1,037,654 shares of the company’s stock after selling 492,990 shares during the period. Thrivent Financial for Lutherans’ holdings in VanEck Morningstar Wide Moat ETF were worth $89,871,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds have also recently added to or reduced their stakes in MOAT. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in VanEck Morningstar Wide Moat ETF in the second quarter valued at $26,000. Mather Group LLC. acquired a new stake in shares of VanEck Morningstar Wide Moat ETF in the second quarter valued at about $32,000. Salomon & Ludwin LLC purchased a new stake in VanEck Morningstar Wide Moat ETF during the first quarter worth about $36,000. Global Trust Asset Management LLC grew its position in VanEck Morningstar Wide Moat ETF by 80.0% during the first quarter. Global Trust Asset Management LLC now owns 450 shares of the company’s stock worth $40,000 after buying an additional 200 shares during the period. Finally, Cape Investment Advisory Inc. increased its holdings in VanEck Morningstar Wide Moat ETF by 93.8% in the fourth quarter. Cape Investment Advisory Inc. now owns 469 shares of the company’s stock valued at $40,000 after buying an additional 227 shares in the last quarter.
VanEck Morningstar Wide Moat ETF Stock Performance
MOAT stock opened at $95.07 on Friday. The firm’s 50-day moving average is $91.84 and its 200 day moving average is $88.78. The firm has a market cap of $16.08 billion, a P/E ratio of 28.30 and a beta of 1.01.
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.
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Want to see what other hedge funds are holding MOAT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Morningstar Wide Moat ETF (BATS:MOAT – Free Report).
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