S.E.E.D. Planning Group LLC Makes New $2.50 Million Investment in VanEck Morningstar Wide Moat ETF $MOAT

S.E.E.D. Planning Group LLC purchased a new position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 23,670 shares of the company’s stock, valued at approximately $2,502,000.

A number of other institutional investors have also added to or reduced their stakes in MOAT. SHP Wealth Management bought a new position in shares of VanEck Morningstar Wide Moat ETF during the 4th quarter worth about $25,653,000. Absolute Gestao de Investimentos Ltda. bought a new position in VanEck Morningstar Wide Moat ETF in the 2nd quarter worth approximately $18,566,000. Coastline Complete Wealth LLC acquired a new position in shares of VanEck Morningstar Wide Moat ETF during the fourth quarter valued at $13,301,000. Independent Financial Group LLC acquired a new position in VanEck Morningstar Wide Moat ETF during the 1st quarter valued at about $11,051,000. Finally, Financial Solutions Advisory Group Inc. bought a new position in VanEck Morningstar Wide Moat ETF in the first quarter valued at approximately $10,762,000.

VanEck Morningstar Wide Moat ETF Stock Performance

MOAT traded down $0.38 during midday trading on Wednesday, reaching $107.86. 165,589 shares of the company were exchanged, compared to its average volume of 847,974. The stock has a market capitalization of $14.56 billion, a P/E ratio of 22.53 and a beta of 1.02. The stock’s 50-day simple moving average is $110.55 and its 200 day simple moving average is $104.80. VanEck Morningstar Wide Moat ETF has a one year low of $94.07 and a one year high of $115.58.

About VanEck Morningstar Wide Moat ETF

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.