VanEck Morningstar Wide Moat Growth ETF (MGRO)
| Assets | $6.03M |
| Expense Ratio | 0.49% |
| PE Ratio | 30.80 |
| Shares Out | 25,000 |
| Dividend (ttm) | $0.10 |
| Dividend Yield | 0.32% |
| Ex-Dividend Date | Dec 23, 2024 |
| Payout Frequency | n/a |
| Payout Ratio | 9.95% |
| Volume | 349 |
| Open | 32.20 |
| Previous Close | 32.21 |
| Day's Range | 32.20 - 32.21 |
| 52-Week Low | 24.73 |
| 52-Week High | 32.84 |
| Beta | n/a |
| Holdings | 44 |
| Inception Date | Mar 26, 2024 |
About MGRO
The 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
39.97% of assets| Name | Symbol | Weight |
|---|---|---|
| Veeva Systems Inc. | VEEV | 5.32% |
| TransUnion | TRU | 4.80% |
| Microsoft Corporation | MSFT | 4.70% |
| West Pharmaceutical Services, Inc. | WST | 4.33% |
| Agilent Technologies, Inc. | A | 4.05% |
| -USD.CASH- | 3.76% | |
| Teradyne, Inc. | TER | 3.46% |
| MarketAxess Holdings Inc. | MKTX | 3.43% |
| Salesforce, Inc. | CRM | 3.10% |
| Otis Worldwide Corporation | OTIS | 3.02% |
Performance
MGRO had a total return of 6.28% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.11%.
News
VanEck Announces Changes to ETF Product Line
NEW YORK--(BUSINESS WIRE)--VanEck is today announcing changes to its ETF product lineup.
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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.