Nuveen has entered the market for actively managed exchange-traded funds with three ETFs focusing on small-cap stocks, dividend growth stocks and large-cap growth stocks.
As semitransparent exchange-traded funds, their holdings will be disclosed monthly, “generally following the same holdings disclosure schedule as the mutual funds within the same fund family,” Nuveen said in a release.
The three new funds, which are already available as mutual fund strategies from Nuveen, are the Nuveen Small Cap Select ETF, Nuveen Dividend Growth ETF and the Nuveen Winslow Large-Cap Growth ESG.
Carson is expanding one of its relationships in Florida while Lido Advisors adds an $870 million practice in Silicon Valley.
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Integrated Partners is adding a husband-wife tandem to its network in Missouri as Kestra onboards a father-son advisor duo from UBS.
Futures indicate stocks will build on Tuesday's rally.
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