VanEck Morningstar SMID Moat ETF

Asbury Automotive Group (ABG) is acquiring The Herb Chambers Companies for $1.34 billion, adding 33 dealerships and $2.9 billion in revenue. The deal is expected to close in late Q2 2025 and will be funded through credit, mortgage, and cash.

Related tickers: ABG, PSCD, SMOT.

The Morningstar Wide Moat Focus Index faced challenges in May due to its equal-weighting, value stock bias and lack of mega-cap tech exposure. History may provide context for what comes next

Related tickers: NVDA, AAPL, GOOG, GOOGL, MSFT, META, TER, TSM, EL, IFF, PFE, CHRW, RTX, VEEV, ETSY, CRM, BMY, BBY, DAY, GPN, DASH, EXPE, DD, GLW, PINS, SWKS, MOAT, SMOT, MGRO, MVAL.