Bringing you live news and features since 2006 

AdvisorShares DIVI ETF to remain open


Actively-managed exchange traded fund (ETF) sponsor AdvisorShares’ Athena High Dividend ETF (DIVI) will no longer close and liquidate as previously announced on 13 March 2017.

Instead, the ETF will remain open.
"While our original intention was to close DIVI, we have elected to keep the ETF open," says Noah Hamman, chief executive officer of AdvisorShares.
The AdvisorShares board of trustees has approved the rescinding of the liquidation plan and the fund will continue to operate on an ongoing basis.

Latest News

News came last night from the US that the SEC has approved CBOE’s proposal to list and trade VanEck’s spot..
Irish domiciled funds surpassed EUR4.3 trillion AuM (Assets under Management) at end-March 2024, a 15 per cent increase in net..
European white label ETF platform, HANetf, has announced its total assets under management (AUM) has now exceeded USD4.31 billion...
New research from European ETF provider Tabula Investment Management shows investors are expecting improvements in ESG from the gold mining..

Related Articles

Timothy Rotolo, Range Funds
In 2023, Timothy Rotolo launched his business, Range Fund Holdings, the parent company for Range Indices and Range ETFs, followed...
Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by