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, Holdings Channel reports. The fund 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 investment portfolio, making the stock its largest holding.

Several other hedge funds and other institutional investors have also bought and sold shares of MOAT. Morgan Stanley boosted its stake in VanEck Morningstar Wide Moat ETF by 20.2% during the 3rd quarter. Morgan Stanley now owns 6,783,213 shares of the company’s stock worth $514,439,000 after acquiring an additional 1,140,029 shares during the last quarter. Thrivent Financial for Lutherans grew its stake in shares of VanEck Morningstar Wide Moat ETF by 314.3% in the second quarter. Thrivent Financial for Lutherans now owns 1,294,636 shares of the company’s stock valued at $103,107,000 after buying an additional 982,164 shares in the last quarter. Raymond James Financial Services Advisors Inc. boosted its position in VanEck Morningstar Wide Moat ETF by 41.4% during the fourth 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 bought a new position in VanEck Morningstar Wide Moat ETF during the third quarter worth $45,601,000. Finally, Davidson Capital Management Inc. boosted its stake in shares of VanEck Morningstar Wide Moat ETF by 507.3% in the third quarter. Davidson Capital Management Inc. now owns 668,294 shares of the company’s stock valued at $50,683,000 after buying an additional 558,246 shares during the period.

VanEck Morningstar Wide Moat ETF Trading Up 1.5 %

MOAT opened at $89.42 on Thursday. The stock’s 50-day moving average is $86.21 and its two-hundred day moving average is $81.21. The firm has a market cap of $11.53 billion, a price-to-earnings 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.