Vident introduced its first fixed income offering in mid-October with the launch of the Vident Core U.S. Bond Strategy ETF (NasdaqGS: VBND). VBND has needed less than two months to race to $282.6 million in AUM.
“Vident Financial’s index strategies and ETFs seek to utilize time-tested economic and investment principles to identify environments where human productivity can thrive long-term. Their various metrics are incorporated into rules-based processes, which helps to limit the emotional decision-making bias present in many active strategies. After only fourteen months, Vident Financial has quickly garnered $1.26 Billion in assets under management (AUM) through their three ETFs,” according to the statement.
Vident Core US Equity ETF
ETF Trends editorial team contributed to this post.