Victory Financial Group LLC Acquires New Shares in VanEck Morningstar Wide Moat ETF $MOAT

Victory Financial Group LLC acquired a new stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) during the 3rd quarter, HoldingsChannel reports. The firm acquired 28,082 shares of the company’s stock, valued at approximately $2,969,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MOAT. MADDEN SECURITIES Corp purchased a new stake in shares of VanEck Morningstar Wide Moat ETF during the third quarter worth $1,586,000. Latitude Advisors LLC acquired a new stake in VanEck Morningstar Wide Moat ETF during the third quarter valued at $119,000. Balance Wealth Partners LLC purchased a new position in VanEck Morningstar Wide Moat ETF in the third quarter valued at about $1,072,000. Roman Butler Fullerton & Co. purchased a new position in VanEck Morningstar Wide Moat ETF in the third quarter valued at about $251,000. Finally, Autumn Glory Partners LLC purchased a new position in VanEck Morningstar Wide Moat ETF in the third quarter valued at about $685,000.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of MOAT stock opened at $111.31 on Wednesday. VanEck Morningstar Wide Moat ETF has a fifty-two week low of $94.07 and a fifty-two week high of $115.58. The stock’s 50-day moving average is $110.29 and its two-hundred day moving average is $105.27. The firm has a market cap of $15.03 billion, a P/E ratio of 22.53 and a beta of 1.02.

VanEck Morningstar Wide Moat ETF 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.