Meridian Wealth Management LLC Acquires Shares of 6,800 VanEck Agribusiness ETF (NYSEARCA:MOO)

Meridian Wealth Management LLC acquired a new stake in VanEck Agribusiness ETF (NYSEARCA:MOO) during the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 6,800 shares of the company’s stock, valued at approximately $439,000.

Several other institutional investors and hedge funds have also recently modified their holdings of MOO. US Bancorp DE grew its stake in shares of VanEck Agribusiness ETF by 1.5% in the third quarter. US Bancorp DE now owns 24,469 shares of the company’s stock valued at $1,848,000 after acquiring an additional 356 shares in the last quarter. Sanctuary Advisors LLC grew its stake in shares of VanEck Agribusiness ETF by 8.0% in the fourth quarter. Sanctuary Advisors LLC now owns 7,768 shares of the company’s stock valued at $545,000 after acquiring an additional 578 shares in the last quarter. Coastline Trust Co acquired a new position in shares of VanEck Agribusiness ETF in the third quarter valued at about $45,000. Captrust Financial Advisors grew its stake in shares of VanEck Agribusiness ETF by 18.4% in the third quarter. Captrust Financial Advisors now owns 4,059 shares of the company’s stock valued at $306,000 after acquiring an additional 632 shares in the last quarter. Finally, Brookstone Capital Management grew its stake in shares of VanEck Agribusiness ETF by 14.6% in the fourth quarter. Brookstone Capital Management now owns 5,074 shares of the company’s stock valued at $327,000 after acquiring an additional 646 shares in the last quarter.

VanEck Agribusiness ETF Stock Performance

MOO stock opened at $67.84 on Thursday. The company’s 50-day simple moving average is $67.21 and its 200 day simple moving average is $70.24. VanEck Agribusiness ETF has a 52 week low of $63.91 and a 52 week high of $76.19. The company has a market capitalization of $569.86 million, a PE ratio of 17.87 and a beta of 0.93.

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.