Rooted Wealth Advisors Inc. Purchases New Holdings in VanEck Morningstar Wide Moat ETF $MOAT

Rooted Wealth Advisors Inc. bought a new stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 6,022 shares of the company’s stock, valued at approximately $626,000.

A number of other institutional investors have also added to or reduced their stakes in MOAT. Commonwealth Equity Services LLC bought a new stake in VanEck Morningstar Wide Moat ETF during the third quarter worth $105,396,000. Royal Bank of Canada grew its position in shares of VanEck Morningstar Wide Moat ETF by 10.8% in the 1st quarter. Royal Bank of Canada now owns 833,825 shares of the company’s stock valued at $80,630,000 after acquiring an additional 81,552 shares during the period. Leelyn Smith LLC bought a new position in shares of VanEck Morningstar Wide Moat ETF in the 3rd quarter valued at about $57,004,000. Harbor Group Inc. bought a new position in shares of VanEck Morningstar Wide Moat ETF in the 3rd quarter valued at about $53,492,000. Finally, Whitaker Myers Wealth Managers LTD. grew its position in shares of VanEck Morningstar Wide Moat ETF by 6.2% in the 2nd 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 Stock Performance

Shares of MOAT stock opened at $114.26 on Friday. The firm’s 50-day moving average is $110.28 and its 200-day moving average is $105.55. The stock has a market cap of $11.95 billion, a price-to-earnings ratio of 22.24 and a beta of 0.97. VanEck Morningstar Wide Moat ETF has a 52-week low of $94.07 and a 52-week 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.