Wellington Management Group LLP Sells 102,074 Shares of VanEck Agribusiness ETF (NYSEARCA:MOO)

Wellington Management Group LLP trimmed its position in VanEck Agribusiness ETF (NYSEARCA:MOO) by 70.5% in the third quarter, according to its most recent filing with the SEC. The fund owned 42,659 shares of the company’s stock after selling 102,074 shares during the period. Wellington Management Group LLP owned 0.39% of VanEck Agribusiness ETF worth $3,221,000 as of its most recent filing with the SEC.

Several other hedge funds also recently modified their holdings of MOO. Rothschild Investment LLC acquired a new position in VanEck Agribusiness ETF in the 2nd quarter valued at approximately $42,000. Coastline Trust Co bought a new stake in shares of VanEck Agribusiness ETF in the third quarter worth $45,000. Truvestments Capital LLC acquired a new stake in VanEck Agribusiness ETF in the third quarter valued at $53,000. Wealth Enhancement Advisory Services LLC acquired a new stake in VanEck Agribusiness ETF in the third quarter valued at $205,000. Finally, CreativeOne Wealth LLC bought a new position in VanEck Agribusiness ETF during the 3rd quarter worth $214,000.

VanEck Agribusiness ETF Trading Down 0.6 %

NYSEARCA MOO opened at $68.93 on Wednesday. The firm has a market capitalization of $744.44 million, a PE ratio of 8.36 and a beta of 0.85. The business’s 50-day moving average price is $71.63 and its two-hundred day moving average price is $71.69. VanEck Agribusiness ETF has a 12 month low of $67.57 and a 12 month high of $76.72.

About VanEck Agribusiness ETF

Market Vectors Agribusiness ETF (the Fund) replicates as closely as possible the price and yield performance of the DAXglobal Agribusiness Index (DXAG). DXAG, calculated by Deutsche Borse AG, is a modified market capitalization-weighted index consisting of publicly traded companies engaged in the agriculture business that are traded on global exchanges.