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flag VanEck's MOAT ETF saw reduced holdings and announced a massive 649.3% dividend increase.

flag VanEck Morningstar Wide Moat ETF (MOAT) saw reduced holdings by Summit Trail Advisors and EnRich Financial Partners during the first quarter, with MOAT shares opening at $93.66. flag The ETF, tracking 40 US companies with sustainable competitive advantages, announced a significantly increased final dividend of $7.56 per share, marking a 649.3% rise from the previous dividend. flag The fund has a market cap of $12.93 billion and a PE ratio of 23.79.

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