VanEck Morningstar Wide Moat ETF $MOAT Stock Position Trimmed by Paller Financial Services Inc

Paller Financial Services Inc trimmed its holdings in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 14.0% during the second quarter, Holdings Channel reports. The institutional investor owned 61,000 shares of the company’s stock after selling 9,934 shares during the period. VanEck Morningstar Wide Moat ETF makes up 4.7% of Paller Financial Services Inc’s portfolio, making the stock its 3rd biggest holding. Paller Financial Services Inc’s holdings in VanEck Morningstar Wide Moat ETF were worth $6,342,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. LPL Financial LLC increased its stake in shares of VanEck Morningstar Wide Moat ETF by 2.8% during the 4th quarter. LPL Financial LLC now owns 6,583,657 shares of the company’s stock valued at $681,803,000 after acquiring an additional 180,972 shares during the last quarter. Boulay Financial Advisors LLC boosted its position in shares of VanEck Morningstar Wide Moat ETF by 0.6% in the fourth quarter. Boulay Financial Advisors LLC now owns 2,132,699 shares of the company’s stock worth $220,862,000 after acquiring an additional 13,325 shares during the last quarter. Southern Farm Bureau Life Insurance grew its holdings in VanEck Morningstar Wide Moat ETF by 31.1% in the fourth quarter. Southern Farm Bureau Life Insurance now owns 1,107,967 shares of the company’s stock valued at $114,720,000 after purchasing an additional 262,940 shares during the period. UBS Group AG grew its holdings in VanEck Morningstar Wide Moat ETF by 13.5% in the fourth quarter. UBS Group AG now owns 1,106,486 shares of the company’s stock valued at $114,588,000 after purchasing an additional 131,322 shares during the period. Finally, Royal Bank of Canada increased its position in VanEck Morningstar Wide Moat ETF by 10.8% during the first quarter. Royal Bank of Canada now owns 833,825 shares of the company’s stock worth $80,630,000 after purchasing an additional 81,552 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Stock Up 0.1%

BATS:MOAT opened at $111.31 on Thursday. The company has a market cap of $15.03 billion, a P/E ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a fifty-two week low of $94.07 and a fifty-two week high of $112.31. The firm’s 50 day moving average is $104.76 and its two-hundred day moving average is $102.93.

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.