VanEck announced the launch of two ETFs

VanEck today announced the launch of two new VanEck Vectors ETFs. Both funds seek to leverage research from Morningstar’s experienced equity research team. The VanEck Vectors Morningstar Durable Dividend ETF (DURA) seeks to provide exposure to high dividend yielding U.S. companies with strong financial health and attractive valuations, according to Morningstar. The VanEck Vectors Morningstar Global Wide Moat ETF (GOAT) seeks to provide exposure to global companies with sustainable competitive advantages, or “wide moats,” that are attractively priced according to Morningstar’s estimate of fair value.