Davidson Capital Management Inc. Lowers Position in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Davidson Capital Management Inc. lowered its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 66.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 232,741 shares of the company’s stock after selling 454,999 shares during the period. VanEck Morningstar Wide Moat ETF accounts for approximately 6.2% of Davidson Capital Management Inc.’s portfolio, making the stock its 5th largest holding. Davidson Capital Management Inc. owned 0.14% of VanEck Morningstar Wide Moat ETF worth $20,158,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in MOAT. Bleakley Financial Group LLC increased its stake in VanEck Morningstar Wide Moat ETF by 1.0% in the 1st quarter. Bleakley Financial Group LLC now owns 14,201 shares of the company’s stock worth $1,277,000 after acquiring an additional 134 shares during the last quarter. MONECO Advisors LLC increased its position in shares of VanEck Morningstar Wide Moat ETF by 4.4% in the fourth quarter. MONECO Advisors LLC now owns 3,502 shares of the company’s stock worth $297,000 after purchasing an additional 146 shares during the last quarter. SFG Wealth Management LLC. increased its position in shares of VanEck Morningstar Wide Moat ETF by 0.4% in the second quarter. SFG Wealth Management LLC. now owns 34,432 shares of the company’s stock worth $2,982,000 after purchasing an additional 146 shares during the last quarter. Wintrust Investments LLC raised its stake in VanEck Morningstar Wide Moat ETF by 1.2% in the first quarter. Wintrust Investments LLC now owns 14,391 shares of the company’s stock valued at $1,294,000 after purchasing an additional 164 shares in the last quarter. Finally, Belpointe Asset Management LLC lifted its position in VanEck Morningstar Wide Moat ETF by 2.2% during the fourth quarter. Belpointe Asset Management LLC now owns 8,219 shares of the company’s stock valued at $698,000 after purchasing an additional 180 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Trading Up 0.9 %

MOAT stock opened at $95.48 on Friday. The business has a 50 day moving average of $91.70 and a 200 day moving average of $88.71. The stock has a market cap of $16.15 billion, a PE ratio of 28.30 and a beta of 1.01.

About VanEck Morningstar Wide Moat ETF

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.