Rehmann Capital Advisory Group Sells 406 Shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Rehmann Capital Advisory Group cut its stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 0.9% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 46,846 shares of the company’s stock after selling 406 shares during the period. Rehmann Capital Advisory Group’s holdings in VanEck Morningstar Wide Moat ETF were worth $4,590,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in MOAT. Pinnacle Financial Partners Inc boosted its position in VanEck Morningstar Wide Moat ETF by 81.1% in the 3rd quarter. Pinnacle Financial Partners Inc now owns 373 shares of the company’s stock valued at $36,000 after buying an additional 167 shares during the period. Fairman Group LLC bought a new stake in shares of VanEck Morningstar Wide Moat ETF during the second quarter valued at approximately $41,000. Cullen Frost Bankers Inc. purchased a new stake in shares of VanEck Morningstar Wide Moat ETF in the second quarter valued at approximately $50,000. Annapolis Financial Services LLC bought a new position in VanEck Morningstar Wide Moat ETF in the second quarter worth approximately $70,000. Finally, Truvestments Capital LLC purchased a new position in VanEck Morningstar Wide Moat ETF during the 3rd quarter worth $70,000.

VanEck Morningstar Wide Moat ETF Stock Down 0.3 %

Shares of MOAT stock opened at $98.19 on Wednesday. The stock has a fifty day moving average price of $96.73 and a two-hundred day moving average price of $92.48. The stock has a market cap of $16.60 billion, a PE ratio of 28.30 and a beta of 1.01.

About VanEck Morningstar Wide Moat ETF

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.