US Bancorp DE Decreases Stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

US Bancorp DE decreased its holdings in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 6.2% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,159 shares of the company’s stock after selling 1,009 shares during the quarter. US Bancorp DE’s holdings in VanEck Morningstar Wide Moat ETF were worth $1,470,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of MOAT. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in VanEck Morningstar Wide Moat ETF during the 2nd quarter valued at about $26,000. Mather Group LLC. acquired a new stake in shares of VanEck Morningstar Wide Moat ETF in the second quarter valued at approximately $32,000. Fairman Group LLC acquired a new stake in shares of VanEck Morningstar Wide Moat ETF in the second quarter valued at approximately $41,000. Clearstead Trust LLC purchased a new position in VanEck Morningstar Wide Moat ETF during the first quarter worth approximately $45,000. Finally, Cullen Frost Bankers Inc. acquired a new position in VanEck Morningstar Wide Moat ETF during the second quarter worth $50,000.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of MOAT opened at $96.86 on Friday. The firm has a 50-day moving average price of $95.55 and a 200-day moving average price of $90.76. The stock has a market capitalization of $16.38 billion, a price-to-earnings ratio of 28.30 and a beta of 1.01.

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.