12,322 Shares of VanEck Morningstar Wide Moat ETF $MOAT Purchased by Rhodes Investment Advisors Inc. ADV

Rhodes Investment Advisors Inc. ADV acquired a new position in VanEck Morningstar Wide Moat ETF (BATS:MOAT) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 12,322 shares of the company’s stock, valued at approximately $1,303,000.

Several other institutional investors also recently modified their holdings of the company. Royal Bank of Canada increased its position in shares of VanEck Morningstar Wide Moat ETF by 10.8% during the first quarter. Royal Bank of Canada now owns 833,825 shares of the company’s stock valued at $80,630,000 after purchasing an additional 81,552 shares during the period. Verde Capital Management lifted its position in VanEck Morningstar Wide Moat ETF by 5.1% in the first quarter. Verde Capital Management now owns 658,249 shares of the company’s stock worth $63,653,000 after purchasing an additional 31,931 shares during the period. Kelman Lazarov Inc. lifted its position in VanEck Morningstar Wide Moat ETF by 0.9% in the first quarter. Kelman Lazarov Inc. now owns 561,025 shares of the company’s stock worth $54,251,000 after purchasing an additional 5,005 shares during the period. Apriem Advisors boosted its stake in VanEck Morningstar Wide Moat ETF by 3.9% during the fourth quarter. Apriem Advisors now owns 513,241 shares of the company’s stock worth $53,151,000 after buying an additional 19,418 shares in the last quarter. Finally, Leelyn Smith LLC boosted its stake in VanEck Morningstar Wide Moat ETF by 4.1% during the first quarter. Leelyn Smith LLC now owns 511,612 shares of the company’s stock worth $49,473,000 after buying an additional 20,186 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Stock Down 0.5%

VanEck Morningstar Wide Moat ETF stock traded down $0.58 on Wednesday, hitting $107.66. The company’s stock had a trading volume of 298,399 shares, compared to its average volume of 848,742. VanEck Morningstar Wide Moat ETF has a one year low of $94.07 and a one year high of $115.58. The firm has a market cap of $14.53 billion, a P/E ratio of 22.53 and a beta of 1.02. The company has a fifty day moving average price of $110.54 and a 200-day moving average price of $104.87.

VanEck Morningstar Wide Moat ETF 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.