Industry veteran Van Eck is adding the Market Vectors Wide Moat Research ETF (MOAT) to its global lineup of over 50 offerings. The new Van Eck ETF, which began trading this morning on the NYSE Arca, will offer exposure to equity markets with a twist; MOAT is based on the concept of ” wide moats” popularized by Wall Street legend Warren Buffett. This economic terms refers to a business’ ability to maintain a competitive advantage over the long-haul [see also Greedy When Others Are Fearful ETFdb Portfolio]. Coined and popularized by Buffett, the concept of a wide moat is geared towards long-term, buy-and-hold investors who are looking to identify companies with sustainable advantages over their competitors. Wide moat simply refers to identifying companies with more significant advantages, thus, the wider the moat, the more favorably a business is positioned to thrive over the long term [see also Channeling Your Inner Buffett With ETFs]. [...] Click here to read the original article on ETFdb.com. Related Posts: Channeling Your Inner Buffett With ETFs Quant-Based ETFs In Focus