Transform Wealth LLC Increases Stock Position in VanEck Agribusiness ETF (NYSEARCA:MOO)

Transform Wealth LLC lifted its holdings in VanEck Agribusiness ETF (NYSEARCA:MOO) by 189.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 43,525 shares of the company’s stock after buying an additional 28,480 shares during the quarter. Transform Wealth LLC’s holdings in VanEck Agribusiness ETF were worth $2,808,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MOO. Brookstone Capital Management raised its stake in VanEck Agribusiness ETF by 7.2% during the third quarter. Brookstone Capital Management now owns 4,428 shares of the company’s stock valued at $334,000 after buying an additional 298 shares during the last quarter. US Bancorp DE increased its holdings in shares of VanEck Agribusiness ETF by 1.5% during the third quarter. US Bancorp DE now owns 24,469 shares of the company’s stock valued at $1,848,000 after acquiring an additional 356 shares in the last quarter. Benjamin F. Edwards & Company Inc. raised its position in shares of VanEck Agribusiness ETF by 7.7% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 5,376 shares of the company’s stock worth $377,000 after purchasing an additional 386 shares during the last quarter. Coastline Trust Co purchased a new position in shares of VanEck Agribusiness ETF in the 3rd quarter worth about $45,000. Finally, Captrust Financial Advisors boosted its stake in VanEck Agribusiness ETF by 18.4% in the 3rd quarter. Captrust Financial Advisors now owns 4,059 shares of the company’s stock worth $306,000 after purchasing an additional 632 shares in the last quarter.

VanEck Agribusiness ETF Stock Performance

Shares of MOO stock opened at $67.64 on Tuesday. The company has a market capitalization of $730.51 million, a price-to-earnings ratio of 8.36 and a beta of 0.85. VanEck Agribusiness ETF has a one year low of $63.91 and a one year high of $76.19. The company’s 50-day moving average is $68.27 and its 200 day moving average is $70.80.

VanEck Agribusiness ETF Profile

Market Vectors Agribusiness ETF (the Fund) replicates as closely as possible the price and yield performance of the DAXglobal Agribusiness Index (DXAG). DXAG, calculated by Deutsche Borse AG, is a modified market capitalization-weighted index consisting of publicly traded companies engaged in the agriculture business that are traded on global exchanges.