Paragon Advisors LLC Sells 4,851 Shares of VanEck Morningstar Wide Moat ETF $MOAT

Paragon Advisors LLC cut its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 9.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 47,161 shares of the company’s stock after selling 4,851 shares during the period. VanEck Morningstar Wide Moat ETF accounts for 1.2% of Paragon Advisors LLC’s holdings, making the stock its 21st biggest holding. Paragon Advisors LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $4,674,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. TD Waterhouse Canada Inc. bought a new stake in shares of VanEck Morningstar Wide Moat ETF during the third quarter valued at approximately $26,000. Decker Retirement Planning Inc. purchased a new position in VanEck Morningstar Wide Moat ETF during the second quarter valued at $27,000. Intelligent Financial Strategies bought a new stake in VanEck Morningstar Wide Moat ETF in the 2nd quarter valued at $30,000. Atlantic Union Bankshares Corp bought a new stake in VanEck Morningstar Wide Moat ETF in the 2nd quarter valued at $34,000. Finally, Cape Investment Advisory Inc. lifted its stake in VanEck Morningstar Wide Moat ETF by 57.1% in the 2nd quarter. Cape Investment Advisory Inc. now owns 737 shares of the company’s stock worth $69,000 after purchasing an additional 268 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Stock Up 15.0%

Shares of VanEck Morningstar Wide Moat ETF stock opened at $106.11 on Thursday. The firm has a market cap of $14.32 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02. The business has a 50-day moving average price of $104.89 and a 200-day moving average price of $100.99. VanEck Morningstar Wide Moat ETF has a twelve month low of $75.43 and a twelve month 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. MOAT was launched on Apr 25, 2012 and is managed by VanEck.