Geneos Wealth Management Inc. Decreases Stake in VanEck Morningstar Wide Moat ETF $MOAT

Geneos Wealth Management Inc. cut its stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 6.7% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 295,181 shares of the company’s stock after selling 21,357 shares during the quarter. VanEck Morningstar Wide Moat ETF makes up approximately 0.7% of Geneos Wealth Management Inc.’s portfolio, making the stock its 23rd biggest position. Geneos Wealth Management Inc. owned 0.22% of VanEck Morningstar Wide Moat ETF worth $29,255,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Autumn Glory Partners LLC grew its holdings in VanEck Morningstar Wide Moat ETF by 155.7% during the 3rd quarter. Autumn Glory Partners LLC now owns 6,651 shares of the company’s stock worth $659,000 after acquiring an additional 4,050 shares in the last quarter. Almanack Investment Partners LLC. lifted its position in shares of VanEck Morningstar Wide Moat ETF by 7.1% during the 3rd quarter. Almanack Investment Partners LLC. now owns 3,029 shares of the company’s stock worth $300,000 after purchasing an additional 200 shares during the last quarter. Blossom Wealth Management increased its holdings in VanEck Morningstar Wide Moat ETF by 4.5% in the third quarter. Blossom Wealth Management now owns 5,291 shares of the company’s stock valued at $524,000 after buying an additional 228 shares during the last quarter. D.A. Davidson & CO. boosted its position in shares of VanEck Morningstar Wide Moat ETF by 0.8% during the 3rd quarter. D.A. Davidson & CO. now owns 68,681 shares of the company’s stock worth $6,807,000 after acquiring an additional 534 shares in the last quarter. Finally, Endeavor Private Wealth Inc. increased its holdings in shares of VanEck Morningstar Wide Moat ETF by 9.1% in the 3rd quarter. Endeavor Private Wealth Inc. now owns 6,932 shares of the company’s stock valued at $687,000 after acquiring an additional 580 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Stock Up 13.6%

MOAT stock opened at $104.83 on Tuesday. The business has a 50 day moving average price of $102.81 and a 200 day moving average price of $99.60. The stock has a market cap of $14.15 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a fifty-two week low of $75.43 and a fifty-two week high of $99.41.

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. MOAT was launched on Apr 25, 2012 and is managed by VanEck.