Lido Advisors LLC Sells 11,356 Shares of VanEck Morningstar Wide Moat ETF $MOAT

Lido Advisors LLC trimmed its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 22.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 39,678 shares of the company’s stock after selling 11,356 shares during the period. Lido Advisors LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $3,837,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. MBM Wealth Consultants LLC acquired a new stake in VanEck Morningstar Wide Moat ETF in the first quarter worth $25,000. Mcguire Capital Advisors Inc. acquired a new position in shares of VanEck Morningstar Wide Moat ETF in the 4th quarter valued at $29,000. Russell Investments Group Ltd. grew its holdings in shares of VanEck Morningstar Wide Moat ETF by 60.9% in the 4th quarter. Russell Investments Group Ltd. now owns 296 shares of the company’s stock valued at $31,000 after buying an additional 112 shares during the period. First Horizon Corp bought a new stake in shares of VanEck Morningstar Wide Moat ETF in the 4th quarter valued at $31,000. Finally, Empowered Funds LLC bought a new stake in shares of VanEck Morningstar Wide Moat ETF in the 4th quarter valued at $32,000.

VanEck Morningstar Wide Moat ETF Trading Up 0.7%

Shares of VanEck Morningstar Wide Moat ETF stock opened at $104.63 on Friday. The stock’s fifty day simple moving average is $103.57 and its 200 day simple moving average is $102.83. The company has a market capitalization of $14.13 billion, a PE ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a 12 month low of $94.07 and a 12 month high of $108.10.

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