Mendel Money Management Sells 1,235 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Mendel Money Management decreased its position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 8.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,857 shares of the company’s stock after selling 1,235 shares during the period. Mendel Money Management’s holdings in VanEck Morningstar Wide Moat ETF were worth $1,192,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Commerce Bank raised its holdings in shares of VanEck Morningstar Wide Moat ETF by 8.1% in the third quarter. Commerce Bank now owns 2,678 shares of the company’s stock valued at $260,000 after acquiring an additional 200 shares in the last quarter. Citigroup Inc. lifted its position in VanEck Morningstar Wide Moat ETF by 1.4% during the third quarter. Citigroup Inc. now owns 203,480 shares of the company’s stock valued at $19,727,000 after purchasing an additional 2,861 shares during the period. Kingsview Wealth Management LLC lifted its stake in shares of VanEck Morningstar Wide Moat ETF by 4.6% in the 3rd quarter. Kingsview Wealth Management LLC now owns 7,314 shares of the company’s stock valued at $709,000 after purchasing an additional 323 shares during the period. Brown Brothers Harriman & Co. increased its stake in shares of VanEck Morningstar Wide Moat ETF by 61.7% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 2,162 shares of the company’s stock valued at $210,000 after purchasing an additional 825 shares in the last quarter. Finally, Truvestments Capital LLC acquired a new position in shares of VanEck Morningstar Wide Moat ETF during the 3rd quarter worth about $70,000.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of MOAT stock opened at $89.97 on Wednesday. VanEck Morningstar Wide Moat ETF has a fifty-two week low of $83.63 and a fifty-two week high of $99.06. The firm has a market capitalization of $13.85 billion, a P/E ratio of 24.14 and a beta of 1.04. The stock’s fifty day moving average is $92.28 and its two-hundred day moving average is $94.52.

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.