Overlay Shares Core Bond ETF (OVB)
Overlay Shares Core Bond ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Brentwood, TN, US. The stock last traded at $20.20, up 0.10% on the session, giving a market capitalisation of $33.0M. Its beta of 1.29 implies it has historically moved more than the broad market.
The fund, an actively managed exchange-traded fund (ETF), seeks to fulfill its investment mandate by employing a dual approach. This involves either investing in other ETFs that target exposure to investment-grade, U.S. dollar-denominated, fixed-rate taxable bonds, or directly acquiring these specific underlying debt instruments. Additionally, the fund generates revenue through the strategic buying and selling of listed short-term put options.
Overlay Shares Core Bond ETF is most often compared with the following Financial Services names: