Bats Welcomes VanEck as a New U.S. Issuer

Bats Global Markets, Inc. welcomed VanEck as a U.S. issuer on The Bats ETF Marketplace, building upon the European relationship between the two companies.  ……


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Today, VanEck launched two funds :

VanEck Vectors™ AMT-Free 12-17 Year Municipal Index ETF (Bats: ITML)

The 12-17 Year issue seeks to replicate the price and yield performance of the Barclays AMT-Free 12-17 Year Intermediate Continuous Municipal Index.

VanEck Vectors™ AMT-Free 6-8 Year Municipal Index ETF (Bats: ITMS)

The 6-8 Year fund seeks to replicate, the price and yield performance of the Barclays AMT-Free 6-8 Year Intermediate Continuous Municipal Index adding to the four funds VanEck previously launched on Bats Europe, the region’s largest stock market. 

“With four products already trading on Bats in Europe, we are excited to welcome VanEck and their pioneering team as a U.S. issuer on the Bats ETF Marketplace,” said Laura Morrison, Senior Vice President, Global Head of Exchange-Traded Products, at Bats. 

“We’re very pleased to be adding ITML and ITMS to our suite of municipal bond ETF offerings,” said Michael Cohick, Product Manager with VanEck. “We’re also excited to be partnering with Bats in listing these funds, which will provide investors with targeted exposures to slices of the intermediate part of the municipal yield curve.”

Source: ETFWorld.com

WMCR
Wilshire Micro-Cap ETF (based on the Wilshire US Micro-Cap Index)


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