Vident U.S. Bond Strategy ETF (VBND)
Vident U.S. Bond Strategy ETF operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Alpharetta, GA, US. The stock last traded at $43.05, up 0.06% on the session, giving a market capitalisation of $512.6M. Its beta of 0.97 implies it has historically moved less than the broad market.
Typically, the fund allocates a minimum of 80% of its assets (excluding collateral obtained from securities lending) to the bonds that constitute its benchmark index, or to "to be announced" (TBA) securities linked to those components. The objective of this index is to enhance the blend of credit quality, interest rate exposure, and yield when measured against standard U.S. core bond indices.
Vident U.S. Bond Strategy ETF is most often compared with the following Financial Services names: