Byrne Financial Freedom LLC Decreases Position in VanEck Morningstar Wide Moat ETF $MOAT

Byrne Financial Freedom LLC decreased its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 42.4% during the 2nd quarter, Holdings Channel reports. The firm owned 36,092 shares of the company’s stock after selling 26,560 shares during the quarter. VanEck Morningstar Wide Moat ETF comprises about 1.7% of Byrne Financial Freedom LLC’s holdings, making the stock its 19th biggest position. Byrne Financial Freedom LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $3,385,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC purchased a new stake in shares of VanEck Morningstar Wide Moat ETF in the 4th quarter worth about $528,000. Townsquare Capital LLC increased its holdings in VanEck Morningstar Wide Moat ETF by 108.4% during the 1st quarter. Townsquare Capital LLC now owns 8,274 shares of the company’s stock valued at $728,000 after acquiring an additional 4,304 shares in the last quarter. Kovitz Investment Group Partners LLC raised its position in VanEck Morningstar Wide Moat ETF by 797.6% during the first quarter. Kovitz Investment Group Partners LLC now owns 46,997 shares of the company’s stock worth $4,136,000 after acquiring an additional 41,761 shares during the last quarter. Boston Family Office LLC lifted its holdings in shares of VanEck Morningstar Wide Moat ETF by 26.5% in the first quarter. Boston Family Office LLC now owns 60,823 shares of the company’s stock valued at $5,352,000 after purchasing an additional 12,749 shares in the last quarter. Finally, Cresset Asset Management LLC lifted its holdings in shares of VanEck Morningstar Wide Moat ETF by 26.5% in the first quarter. Cresset Asset Management LLC now owns 13,965 shares of the company’s stock valued at $1,229,000 after purchasing an additional 2,922 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Price Performance

MOAT stock opened at $105.56 on Friday. The company’s 50 day simple moving average is $101.64 and its 200-day simple moving average is $97.97. VanEck Morningstar Wide Moat ETF has a 12 month low of $75.43 and a 12 month high of $99.41. The firm has a market capitalization of $14.25 billion, a PE 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.