Tanager Wealth Management LLP Cuts Holdings in VanEck Morningstar Wide Moat ETF $MOAT

Tanager Wealth Management LLP reduced its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 6.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 149,422 shares of the company’s stock after selling 10,359 shares during the quarter. VanEck Morningstar Wide Moat ETF comprises 1.4% of Tanager Wealth Management LLP’s investment portfolio, making the stock its 19th biggest holding. Tanager Wealth Management LLP’s holdings in VanEck Morningstar Wide Moat ETF were worth $14,449,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the business. MBM Wealth Consultants LLC acquired a new position in VanEck Morningstar Wide Moat ETF during the first quarter worth $25,000. Mcguire Capital Advisors Inc. acquired a new stake in VanEck Morningstar Wide Moat ETF in the fourth quarter valued at $29,000. Russell Investments Group Ltd. lifted its holdings in VanEck Morningstar Wide Moat ETF by 60.9% in the fourth quarter. Russell Investments Group Ltd. now owns 296 shares of the company’s stock valued at $31,000 after acquiring an additional 112 shares during the period. First Horizon Corp purchased a new stake in shares of VanEck Morningstar Wide Moat ETF during the 4th quarter worth $31,000. Finally, Empowered Funds LLC purchased a new stake in shares of VanEck Morningstar Wide Moat ETF during the 4th quarter worth $32,000.

VanEck Morningstar Wide Moat ETF Stock Up 1.0%

BATS:MOAT opened at $102.14 on Thursday. VanEck Morningstar Wide Moat ETF has a fifty-two week low of $91.95 and a fifty-two week high of $108.10. The stock has a market cap of $13.79 billion, a PE ratio of 22.53 and a beta of 1.02. The firm’s fifty day simple moving average is $101.58 and its 200-day simple moving average is $102.72.

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. MOAT was launched on Apr 25, 2012 and is managed by VanEck.