Paller Financial Services Inc Invests $7.49 Million in VanEck Morningstar Wide Moat ETF $MOAT

Paller Financial Services Inc purchased a new stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 72,275 shares of the company’s stock, valued at approximately $7,485,000. VanEck Morningstar Wide Moat ETF accounts for about 6.0% of Paller Financial Services Inc’s investment portfolio, making the stock its largest holding. Paller Financial Services Inc owned approximately 0.05% of VanEck Morningstar Wide Moat ETF at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. TD Waterhouse Canada Inc. purchased a new position in VanEck Morningstar Wide Moat ETF in the 3rd quarter valued at approximately $26,000. Harbor Investment Advisory LLC bought a new stake in VanEck Morningstar Wide Moat ETF during the 4th quarter valued at $33,000. Paladin Advisory Group LLC purchased a new stake in shares of VanEck Morningstar Wide Moat ETF during the third quarter worth $34,000. IAG Wealth Partners LLC lifted its position in shares of VanEck Morningstar Wide Moat ETF by 228.7% during the third quarter. IAG Wealth Partners LLC now owns 378 shares of the company’s stock worth $37,000 after acquiring an additional 263 shares in the last quarter. Finally, Collier Financial bought a new position in shares of VanEck Morningstar Wide Moat ETF in the third quarter worth $50,000.

VanEck Morningstar Wide Moat ETF Stock Performance

Shares of BATS MOAT opened at $96.70 on Wednesday. The stock has a market cap of $13.05 billion, a PE ratio of 22.53 and a beta of 1.02. VanEck Morningstar Wide Moat ETF has a fifty-two week low of $75.43 and a fifty-two week high of $108.10. The stock has a fifty day moving average of $103.08 and a 200-day moving average of $102.57.

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. MOAT was launched on Apr 25, 2012 and is managed by VanEck.