Advisors on the Envestnet platform use allocation models, company executives say. Building ETFs that combine passive investments with active management for those models is the next logical step.
The $36 billion Vanguard Short-Term Corporate Bond ETF (VCSH) has bled nearly $5.5 billion this year, the most year-to-date since its inception in 2009.
GraniteShares is looking to debut funds focused on American Airlines Group Inc., Apple Inc., Coinbase Global Inc., Meta Platforms Inc., Tesla Inc., among others.