Sequoia Financial Advisors LLC Has $36.07 Million Stock Position in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Sequoia Financial Advisors LLC reduced its position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 5.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 372,027 shares of the company’s stock after selling 19,973 shares during the quarter. Sequoia Financial Advisors LLC owned 0.22% of VanEck Morningstar Wide Moat ETF worth $36,068,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of MOAT. Calton & Associates Inc. acquired a new stake in VanEck Morningstar Wide Moat ETF during the 3rd quarter valued at $718,000. Foundations Investment Advisors LLC lifted its stake in shares of VanEck Morningstar Wide Moat ETF by 75.7% during the 3rd quarter. Foundations Investment Advisors LLC now owns 39,099 shares of the company’s stock worth $3,791,000 after buying an additional 16,845 shares during the last quarter. Castleview Partners LLC boosted its holdings in shares of VanEck Morningstar Wide Moat ETF by 1.6% during the 3rd quarter. Castleview Partners LLC now owns 15,487 shares of the company’s stock worth $1,501,000 after buying an additional 250 shares during the period. Schaper Benz & Wise Investment Counsel Inc. WI boosted its holdings in shares of VanEck Morningstar Wide Moat ETF by 1.2% during the 3rd quarter. Schaper Benz & Wise Investment Counsel Inc. WI now owns 8,935 shares of the company’s stock worth $866,000 after buying an additional 110 shares during the period. Finally, Whitaker Myers Wealth Managers LTD. grew its stake in VanEck Morningstar Wide Moat ETF by 2.2% in the 3rd quarter. Whitaker Myers Wealth Managers LTD. now owns 523,347 shares of the company’s stock valued at $50,738,000 after buying an additional 11,494 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Stock Performance

BATS MOAT traded down $0.63 on Tuesday, reaching $97.00. The stock had a trading volume of 486,100 shares. The stock has a market capitalization of $16.40 billion, a P/E ratio of 28.30 and a beta of 1.01. The stock’s fifty day moving average is $94.87 and its two-hundred day moving average is $89.97.

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.