Fiduciary Alliance LLC Takes Position in VanEck Agribusiness ETF $MOO

Fiduciary Alliance LLC acquired a new stake in shares of VanEck Agribusiness ETF (NYSEARCA:MOO) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 35,464 shares of the company’s stock, valued at approximately $2,970,000. Fiduciary Alliance LLC owned about 0.24% of VanEck Agribusiness ETF as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MOO. Keudell Morrison Wealth Management purchased a new position in VanEck Agribusiness ETF in the 1st quarter valued at about $5,835,000. Brookstone Capital Management grew its holdings in shares of VanEck Agribusiness ETF by 7.8% during the first quarter. Brookstone Capital Management now owns 6,824 shares of the company’s stock worth $577,000 after buying an additional 494 shares in the last quarter. Rockefeller Capital Management L.P. raised its position in shares of VanEck Agribusiness ETF by 8.5% in the fourth quarter. Rockefeller Capital Management L.P. now owns 3,299 shares of the company’s stock valued at $240,000 after buying an additional 258 shares during the last quarter. Nalls Sherbakoff Group LLC acquired a new position in shares of VanEck Agribusiness ETF in the fourth quarter valued at approximately $27,000. Finally, Corecam Pte. Ltd. purchased a new position in shares of VanEck Agribusiness ETF during the fourth quarter valued at approximately $529,000.

VanEck Agribusiness ETF Stock Performance

Shares of NYSEARCA MOO opened at $79.29 on Friday. VanEck Agribusiness ETF has a 1 year low of $69.32 and a 1 year high of $86.56. The firm’s 50 day moving average price is $80.56 and its 200 day moving average price is $80.33. The firm has a market cap of $1.10 billion, a P/E ratio of 19.69 and a beta of 0.70.

VanEck Agribusiness ETF Company Profile

Market Vectors Agribusiness ETF (the Fund) replicates as closely as possible the price and yield performance of the DAXglobal Agribusiness Index (DXAG). DXAG, calculated by Deutsche Borse AG, is a modified market capitalization-weighted index consisting of publicly traded companies engaged in the agriculture business that are traded on global exchanges. DXAG provides exposure to companies worldwide that derive at least 50% of their revenues from agriculture business. Companies eligible for inclusion in DXAG should have market capitalization exceeding $150 million; should have worldwide daily average trading volume of at least $1 million over past six months and in each of the past two months, and should have maintained monthly trading volume of 250,000 shares over past six months.