PFG Investments LLC Decreases Stock Position in VanEck Morningstar Wide Moat ETF $MOAT

PFG Investments LLC decreased its position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 1.4% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,866 shares of the company’s stock after selling 171 shares during the quarter. PFG Investments LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $1,113,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Midwest Financial Group LLC grew its holdings in VanEck Morningstar Wide Moat ETF by 0.5% during the 2nd quarter. Midwest Financial Group LLC now owns 57,131 shares of the company’s stock valued at $5,358,000 after purchasing an additional 257 shares in the last quarter. XML Financial LLC boosted its position in VanEck Morningstar Wide Moat ETF by 4.5% in the 2nd quarter. XML Financial LLC now owns 43,221 shares of the company’s stock valued at $4,054,000 after buying an additional 1,855 shares during the last quarter. Boulay Financial Advisors LLC boosted its position in VanEck Morningstar Wide Moat ETF by 14.9% in the 2nd quarter. Boulay Financial Advisors LLC now owns 2,079,163 shares of the company’s stock valued at $195,005,000 after buying an additional 269,654 shares during the last quarter. LexAurum Advisors LLC grew its stake in shares of VanEck Morningstar Wide Moat ETF by 121.9% during the second quarter. LexAurum Advisors LLC now owns 13,660 shares of the company’s stock valued at $1,281,000 after acquiring an additional 7,504 shares in the last quarter. Finally, HB Wealth Management LLC increased its position in shares of VanEck Morningstar Wide Moat ETF by 41.1% during the second quarter. HB Wealth Management LLC now owns 11,771 shares of the company’s stock worth $1,104,000 after acquiring an additional 3,431 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Stock Performance

BATS:MOAT opened at $100.61 on Friday. The stock has a market cap of $13.58 billion, a price-to-earnings ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a one year low of $75.43 and a one year high of $99.41. The business’s 50-day simple moving average is $98.04 and its 200 day simple moving average is $92.35.

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.