Planned Solutions Inc. Takes $25.01 Million Position in VanEck Morningstar Wide Moat ETF (BATS:MOAT)

Planned Solutions Inc. bought a new stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 294,675 shares of the company’s stock, valued at approximately $25,009,000. VanEck Morningstar Wide Moat ETF accounts for about 11.7% of Planned Solutions Inc.’s portfolio, making the stock its largest position. Planned Solutions Inc. owned 0.23% of VanEck Morningstar Wide Moat ETF as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in MOAT. Morgan Stanley increased its position in shares of VanEck Morningstar Wide Moat ETF by 20.2% in the 3rd quarter. Morgan Stanley now owns 6,783,213 shares of the company’s stock valued at $514,439,000 after acquiring an additional 1,140,029 shares during the period. Thrivent Financial for Lutherans grew its position in VanEck Morningstar Wide Moat ETF by 314.3% during the 2nd quarter. Thrivent Financial for Lutherans now owns 1,294,636 shares of the company’s stock worth $103,107,000 after purchasing an additional 982,164 shares during the period. Raymond James Financial Services Advisors Inc. grew its position in VanEck Morningstar Wide Moat ETF by 41.4% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 2,887,502 shares of the company’s stock worth $245,062,000 after purchasing an additional 845,137 shares during the period. Bank of New York Mellon Corp acquired a new stake in VanEck Morningstar Wide Moat ETF during the 3rd quarter worth about $45,601,000. Finally, Davidson Capital Management Inc. grew its position in VanEck Morningstar Wide Moat ETF by 507.3% during the 3rd quarter. Davidson Capital Management Inc. now owns 668,294 shares of the company’s stock worth $50,683,000 after purchasing an additional 558,246 shares during the period.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of MOAT opened at $89.42 on Thursday. The stock’s fifty day moving average is $86.21 and its 200-day moving average is $81.21. The firm has a market cap of $11.53 billion, a P/E ratio of 20.62 and a beta of 1.02.

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.