Root Financial Partners LLC Purchases 9,678 Shares of VanEck Morningstar Wide Moat ETF $MOAT

Root Financial Partners LLC purchased a new position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 9,678 shares of the company’s stock, valued at approximately $1,023,000.

A number of other institutional investors also recently bought and sold shares of MOAT. Royal Bank of Canada boosted its stake in VanEck Morningstar Wide Moat ETF by 10.8% during the first quarter. Royal Bank of Canada now owns 833,825 shares of the company’s stock worth $80,630,000 after buying an additional 81,552 shares during the period. Kelman Lazarov Inc. raised its stake in shares of VanEck Morningstar Wide Moat ETF by 0.9% in the first quarter. Kelman Lazarov Inc. now owns 561,025 shares of the company’s stock valued at $54,251,000 after acquiring an additional 5,005 shares during the period. Harbor Group Inc. purchased a new stake in shares of VanEck Morningstar Wide Moat ETF in the third quarter valued at $53,492,000. Leelyn Smith LLC raised its stake in shares of VanEck Morningstar Wide Moat ETF by 4.1% in the first quarter. Leelyn Smith LLC now owns 511,612 shares of the company’s stock valued at $49,473,000 after acquiring an additional 20,186 shares during the period. Finally, Whitaker Myers Wealth Managers LTD. raised its stake in shares of VanEck Morningstar Wide Moat ETF by 6.2% in the second quarter. Whitaker Myers Wealth Managers LTD. now owns 430,701 shares of the company’s stock valued at $44,776,000 after acquiring an additional 25,230 shares during the period.

VanEck Morningstar Wide Moat ETF Price Performance

VanEck Morningstar Wide Moat ETF stock opened at $113.11 on Friday. VanEck Morningstar Wide Moat ETF has a 1-year low of $94.07 and a 1-year high of $115.58. The firm has a market capitalization of $15.27 billion, a P/E ratio of 22.53 and a beta of 1.02. The company’s 50-day moving average is $110.33 and its 200 day moving average is $105.95.

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.