Financial Partners Group LLC Buys 2,551 Shares of VanEck Morningstar Wide Moat ETF $MOAT

Financial Partners Group LLC grew its position in shares of VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 6.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 39,615 shares of the company’s stock after acquiring an additional 2,551 shares during the quarter. VanEck Morningstar Wide Moat ETF accounts for approximately 1.3% of Financial Partners Group LLC’s portfolio, making the stock its 25th largest holding. Financial Partners Group LLC’s holdings in VanEck Morningstar Wide Moat ETF were worth $3,715,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Boulay Financial Advisors LLC purchased a new position in VanEck Morningstar Wide Moat ETF in the first quarter valued at about $159,237,000. Jones Financial Companies Lllp increased its holdings in VanEck Morningstar Wide Moat ETF by 29.6% during the 1st quarter. Jones Financial Companies Lllp now owns 882,771 shares of the company’s stock worth $77,410,000 after acquiring an additional 201,826 shares during the period. Obermeyer Wealth Partners raised its stake in VanEck Morningstar Wide Moat ETF by 3.5% in the first quarter. Obermeyer Wealth Partners now owns 881,212 shares of the company’s stock valued at $77,547,000 after purchasing an additional 29,800 shares in the last quarter. Cetera Investment Advisers boosted its stake in VanEck Morningstar Wide Moat ETF by 5.2% in the first quarter. Cetera Investment Advisers now owns 806,650 shares of the company’s stock worth $70,985,000 after buying an additional 39,664 shares in the last quarter. Finally, Whitaker Myers Wealth Managers LTD. lifted its position in VanEck Morningstar Wide Moat ETF by 6.4% in the second quarter. Whitaker Myers Wealth Managers LTD. now owns 658,546 shares of the company’s stock valued at $61,765,000 after purchasing an additional 39,723 shares during the last quarter.

VanEck Morningstar Wide Moat ETF Price Performance

Shares of MOAT opened at $98.35 on Friday. VanEck Morningstar Wide Moat ETF has a one year low of $75.43 and a one year high of $99.41. The company has a 50-day simple moving average of $97.88 and a two-hundred day simple moving average of $92.05. The firm has a market capitalization of $13.28 billion, a PE ratio of 22.53 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.