11,023 Shares in VanEck Morningstar Wide Moat ETF $MOAT Purchased by Principle Wealth Partners LLC

Principle Wealth Partners LLC purchased a new position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,023 shares of the company’s stock, valued at approximately $1,165,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of MOAT. Trust Co. of Vermont purchased a new position in VanEck Morningstar Wide Moat ETF during the second quarter worth approximately $28,000. Pflug Koory LLC purchased a new stake in shares of VanEck Morningstar Wide Moat ETF during the 3rd quarter valued at $33,000. Headlands Technologies LLC acquired a new stake in shares of VanEck Morningstar Wide Moat ETF during the 2nd quarter worth $40,000. Salomon & Ludwin LLC acquired a new stake in shares of VanEck Morningstar Wide Moat ETF during the 3rd quarter worth $42,000. Finally, Godsey & Gibb Inc. acquired a new stake in shares of VanEck Morningstar Wide Moat ETF during the 3rd quarter worth $45,000.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of MOAT traded down $0.66 during trading hours on Friday, hitting $114.26. The stock had a trading volume of 322,856 shares, compared to its average volume of 805,132. The firm has a market cap of $11.95 billion, a P/E ratio of 22.24 and a beta of 0.97. The company’s fifty day simple moving average is $110.28 and its 200 day simple moving average is $105.55. VanEck Morningstar Wide Moat ETF has a 12-month low of $94.07 and a 12-month high of $118.52.

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. MOAT was launched on Apr 25, 2012 and is managed by VanEck.