VanEck Morningstar Wide Moat Growth ETF (MGRO)
| Assets | $746.47K |
| Expense Ratio | 0.49% |
| PE Ratio | 34.42 |
| Shares Out | 25,000 |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Ex-Dividend Date | n/a |
| Payout Ratio | n/a |
| 1-Year Return | n/a |
| Volume | 152 |
| Open | 28.30 |
| Previous Close | 28.30 |
| Day's Range | 28.30 - 28.30 |
| 52-Week Low | 27.55 |
| 52-Week High | 30.45 |
| Beta | 0.88 |
| Holdings | 40 |
| Inception Date | Mar 26, 2024 |
About MGRO
Fund Home PageThe VanEck Morningstar Wide Moat Growth ETF (MGRO) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a modified equal-weighted index of 30 to 60 growth-oriented US stocks that Morningstar determines to be attractively priced and have sustainable competitive advantages. MGRO was launched on Mar 26, 2024 and is issued by VanEck.
Top 10 Holdings
45.64% of assets| Name | Symbol | Weight |
|---|---|---|
| Adobe Inc. | ADBE | 5.23% |
| Tyler Technologies, Inc. | TYL | 5.16% |
| Amazon.com, Inc. | AMZN | 5.05% |
| Autodesk, Inc. | ADSK | 4.69% |
| Salesforce, Inc. | CRM | 4.49% |
| Rockwell Automation, Inc. | ROK | 4.39% |
| Agilent Technologies, Inc. | A | 4.19% |
| Fortinet, Inc. | FTNT | 4.18% |
| Equifax Inc. | EFX | 4.18% |
| Veeva Systems Inc. | VEEV | 4.08% |
News
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Moat Stocks React to Inflation and Slowing Growth
By Brandon Rakszawski, Director of Product Management April was a reset month for US equity markets, as investors digested persistent inflation data and declining GDP growth. It was the first negative...
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MVAL and MGRO join MOAT and other ETFs in suite of funds built around Morningstar's proven strategy of identifying quality companies with distinct economic moats trading at attractive valuations.