Seasoned Muni Manager Steps out with New Active ETF

Markets ETF Trends

Virtus has partnered up with Cumberland Advisors to launch an actively managed municipal bond exchange traded fund that draws upon the management team’s expertise. On Wednesday, Virtus and Cumberland Advisors rolled out the Virtus Cumberland Municipal Bond ETF (NYSEArca: CUMB). CUMB has a 0.59% net expense ratio. The new fund will be managed by David…Click to read more at ETFtrends.com.

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