Cornerstone Wealth Group LLC Cuts Holdings in VanEck Vectors Morningstar Wide Moat ETF (NYSEARCA:MOAT)

Cornerstone Wealth Group LLC reduced its stake in shares of VanEck Vectors Morningstar Wide Moat ETF (NYSEARCA:MOAT) by 4.5% during the third quarter, Holdings Channel.com reports. The firm owned 403,363 shares of the company’s stock after selling 18,818 shares during the period. VanEck Vectors Morningstar Wide Moat ETF accounts for about 6.0% of Cornerstone Wealth Group LLC’s portfolio, making the stock its 2nd biggest position. Cornerstone Wealth Group LLC’s holdings in VanEck Vectors Morningstar Wide Moat ETF were worth $22,020,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Walled Lake Planning & Wealth Management LLC bought a new stake in VanEck Vectors Morningstar Wide Moat ETF in the second quarter worth about $29,000. TCTC Holdings LLC acquired a new stake in VanEck Vectors Morningstar Wide Moat ETF during the 2nd quarter worth about $47,000. NEXT Financial Group Inc acquired a new stake in VanEck Vectors Morningstar Wide Moat ETF during the 3rd quarter worth about $49,000. TCI Wealth Advisors Inc. acquired a new stake in VanEck Vectors Morningstar Wide Moat ETF during the 2nd quarter worth about $74,000. Finally, Valeo Financial Advisors LLC acquired a new stake in VanEck Vectors Morningstar Wide Moat ETF during the 2nd quarter worth about $81,000.

NYSEARCA MOAT traded down $0.57 on Friday, hitting $52.78. 77,729 shares of the company were exchanged, compared to its average volume of 525,710. The company’s 50 day moving average price is $55.49 and its 200-day moving average price is $53.16. VanEck Vectors Morningstar Wide Moat ETF has a twelve month low of $35.00 and a twelve month high of $58.27.

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Institutional Ownership by Quarter for VanEck Vectors Morningstar Wide Moat ETF (NYSEARCA:MOAT)

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