Independent Financial Group LLC Makes New Investment in VanEck Morningstar Wide Moat ETF $MOAT

Independent Financial Group LLC acquired a new stake in shares of VanEck Morningstar Wide Moat ETF (BATS:MOATFree Report) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 114,279 shares of the company’s stock, valued at approximately $11,051,000. Independent Financial Group LLC owned about 0.08% of VanEck Morningstar Wide Moat ETF as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of MOAT. Wealthfront Advisers LLC lifted its holdings in shares of VanEck Morningstar Wide Moat ETF by 2.2% in the 1st quarter. Wealthfront Advisers LLC now owns 22,541 shares of the company’s stock valued at $2,180,000 after buying an additional 482 shares during the period. Bank of New York Mellon Corp raised its position in VanEck Morningstar Wide Moat ETF by 13.0% during the first quarter. Bank of New York Mellon Corp now owns 234,293 shares of the company’s stock valued at $22,656,000 after acquiring an additional 27,011 shares in the last quarter. Y.D. More Investments Ltd raised its position in VanEck Morningstar Wide Moat ETF by 62.2% during the first quarter. Y.D. More Investments Ltd now owns 730 shares of the company’s stock valued at $70,000 after acquiring an additional 280 shares in the last quarter. ARQ Wealth Advisors LLC lifted its holdings in VanEck Morningstar Wide Moat ETF by 13.4% in the first quarter. ARQ Wealth Advisors LLC now owns 16,062 shares of the company’s stock valued at $1,553,000 after acquiring an additional 1,900 shares during the period. Finally, Diversify Wealth Management LLC acquired a new position in VanEck Morningstar Wide Moat ETF in the first quarter valued at approximately $292,000.

VanEck Morningstar Wide Moat ETF Trading Up 1.4%

VanEck Morningstar Wide Moat ETF stock opened at $107.59 on Friday. VanEck Morningstar Wide Moat ETF has a 12 month low of $94.07 and a 12 month high of $108.10. The stock’s 50 day simple moving average is $102.97 and its two-hundred day simple moving average is $102.77. The firm has a market cap of $14.52 billion, a PE ratio of 22.53 and a beta of 1.02.

VanEck Morningstar Wide Moat ETF Profile

(Free Report)

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.

See Also

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

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