ATX Financial Planning LLC Takes $785,000 Position in VanEck Morningstar Wide Moat ETF $MOAT

ATX Financial Planning LLC bought a new position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 7,576 shares of the company’s stock, valued at approximately $785,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. First Horizon Corp bought a new stake in VanEck Morningstar Wide Moat ETF during the fourth quarter worth about $31,000. Russell Investments Group Ltd. increased its stake in shares of VanEck Morningstar Wide Moat ETF by 60.9% during the fourth quarter. Russell Investments Group Ltd. now owns 296 shares of the company’s stock valued at $31,000 after purchasing an additional 112 shares in the last quarter. Empowered Funds LLC purchased a new position in shares of VanEck Morningstar Wide Moat ETF during the fourth quarter valued at approximately $32,000. Harbor Investment Advisory LLC purchased a new position in shares of VanEck Morningstar Wide Moat ETF during the fourth quarter valued at approximately $33,000. Finally, IAG Wealth Partners LLC lifted its holdings in shares of VanEck Morningstar Wide Moat ETF by 228.7% during the third quarter. IAG Wealth Partners LLC now owns 378 shares of the company’s stock valued at $37,000 after purchasing an additional 263 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Stock Up 0.8%

Shares of MOAT opened at $102.12 on Friday. The stock has a market cap of $13.79 billion, a P/E ratio of 22.53 and a beta of 1.02. The business’s 50 day moving average price is $101.34 and its 200-day moving average price is $102.79. VanEck Morningstar Wide Moat ETF has a 52 week low of $90.07 and a 52 week high of $108.10.

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.