With 1 ETF traded in the U.S. markets, NASDAQ US Broad Dividend Achievers Index ETF gathers total assets under management of $641.69M. The average expense ratio is 0.53%. NASDAQ US Broad Dividend Achievers Index ETF can be found in the following asset class:
Amid signs correlations between asset classes could be shifting like tectonic plates, investors may need some portfolio-proofing.
The latest dividend-focused ETF is slated to come to market today.
Nasdaq bets big with the planned acquisition of the Dividend Achievers indexing franchise.
With the equity market plunging this month and interest rates so low, it’s no wonder investors are piling into dividend ETFs to supplement their incomes.
This morning, I got into an argument with our managing editor, Olly Ludwig, about dividend ETFs.
Simply SPDRs
State Street Global Advisors (SSgA) has dropped the streetTRACKS brand name from its family of ETFs, and will consolidate all of its funds under the catchier "SPDRs" moniker.
The rebranding was to begin January 8, and is to be completed in stages throughout the year.
This is the second major rebranding of an ETF fund family in the past year, following Vanguard's decision to give up the unfortunate "VIPERS" moniker and call its ETFs, simply, "Vanguard ETFs."