Royal Bank of Canada Sells 134,339 Shares of VanEck Morningstar Wide Moat ETF $MOAT

Royal Bank of Canada decreased its position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 11.8% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 1,004,659 shares of the company’s stock after selling 134,339 shares during the quarter. Royal Bank of Canada’s holdings in VanEck Morningstar Wide Moat ETF were worth $88,410,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. TFR Capital LLC. bought a new position in shares of VanEck Morningstar Wide Moat ETF during the 4th quarter worth $2,701,000. Summit Asset Management LLC grew its stake in shares of VanEck Morningstar Wide Moat ETF by 1.6% during the 1st quarter. Summit Asset Management LLC now owns 372,994 shares of the company’s stock worth $32,823,000 after acquiring an additional 5,834 shares during the period. Harbour Investments Inc. grew its stake in shares of VanEck Morningstar Wide Moat ETF by 32.8% during the 1st quarter. Harbour Investments Inc. now owns 22,401 shares of the company’s stock worth $1,971,000 after acquiring an additional 5,535 shares during the period. Stonebridge Financial Planning Group LLC grew its stake in shares of VanEck Morningstar Wide Moat ETF by 16.1% during the 4th quarter. Stonebridge Financial Planning Group LLC now owns 38,435 shares of the company’s stock worth $3,564,000 after acquiring an additional 5,341 shares during the period. Finally, Kestra Private Wealth Services LLC grew its stake in shares of VanEck Morningstar Wide Moat ETF by 11.1% during the 1st quarter. Kestra Private Wealth Services LLC now owns 257,389 shares of the company’s stock worth $22,650,000 after acquiring an additional 25,788 shares during the period.

VanEck Morningstar Wide Moat ETF Stock Up 5.6%

Shares of BATS MOAT opened at $97.48 on Thursday. VanEck Morningstar Wide Moat ETF has a 52 week low of $75.43 and a 52 week high of $99.41. The business has a 50-day simple moving average of $97.03 and a two-hundred day simple moving average of $91.29. The company has a market cap of $13.16 billion, a P/E ratio of 22.53 and a beta of 1.02.

VanEck Morningstar Wide Moat ETF 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.