VanEck Morningstar Wide Moat ETF $MOAT is First Foundation Advisors’ 6th Largest Position

First Foundation Advisors decreased its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 4.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 760,526 shares of the company’s stock after selling 39,291 shares during the period. VanEck Morningstar Wide Moat ETF comprises approximately 3.0% of First Foundation Advisors’ portfolio, making the stock its 6th largest position. First Foundation Advisors’ holdings in VanEck Morningstar Wide Moat ETF were worth $78,760,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of MOAT. Siligmueller & Norvid Wealth Advisors LLC purchased a new position in VanEck Morningstar Wide Moat ETF in the third quarter valued at $1,330,000. Atria Investments Inc boosted its position in shares of VanEck Morningstar Wide Moat ETF by 101.3% during the 3rd quarter. Atria Investments Inc now owns 26,545 shares of the company’s stock worth $2,631,000 after acquiring an additional 13,358 shares in the last quarter. Balance Wealth LLC increased its holdings in shares of VanEck Morningstar Wide Moat ETF by 102.7% in the 4th quarter. Balance Wealth LLC now owns 11,830 shares of the company’s stock valued at $1,225,000 after acquiring an additional 5,995 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC acquired a new stake in shares of VanEck Morningstar Wide Moat ETF during the 4th quarter worth about $2,195,000. Finally, Savvy Advisors Inc. raised its position in shares of VanEck Morningstar Wide Moat ETF by 500.5% during the 4th quarter. Savvy Advisors Inc. now owns 24,310 shares of the company’s stock worth $2,518,000 after acquiring an additional 20,262 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Stock Down 0.1%

Shares of MOAT opened at $99.92 on Wednesday. The company has a market capitalization of $13.49 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a 52-week low of $87.68 and a 52-week high of $108.10. The stock has a 50 day moving average price of $99.72 and a 200 day moving average price of $102.61.

VanEck Morningstar Wide Moat ETF Company 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.