Mercer Global Advisors Inc. ADV Sells 2,252 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Mercer Global Advisors Inc. ADV trimmed its stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT – Get Rating) by 29.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,346 shares of the company’s stock after selling 2,252 shares during the period. Mercer Global Advisors Inc. ADV’s holdings in VanEck Morningstar Wide Moat ETF were worth $347,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Hazlett Burt & Watson Inc. increased its position in shares of VanEck Morningstar Wide Moat ETF by 824.4% during the fourth quarter. Hazlett Burt & Watson Inc. now owns 416 shares of the company’s stock worth $27,000 after purchasing an additional 371 shares in the last quarter. Y.D. More Investments Ltd acquired a new position in VanEck Morningstar Wide Moat ETF during the 4th quarter valued at about $29,000. Arcus Capital Partners LLC acquired a new position in VanEck Morningstar Wide Moat ETF during the 4th quarter valued at about $39,000. Accurate Wealth Management LLC acquired a new stake in VanEck Morningstar Wide Moat ETF in the fourth quarter worth about $43,000. Finally, Larson Financial Group LLC purchased a new stake in shares of VanEck Morningstar Wide Moat ETF during the fourth quarter worth about $50,000.

VanEck Morningstar Wide Moat ETF Trading Down 0.9 %

MOAT opened at $73.77 on Thursday. The firm has a market capitalization of $7.68 billion, a P/E ratio of 20.62 and a beta of 1.02. The firm’s 50-day moving average is $72.70 and its 200-day moving average is $69.85.

VanEck Morningstar Wide Moat ETF Profile

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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.