Nordheim Capital lists two kronor-denominated precious metals ETCs on Nasdaq Stockholm
The gold and silver ETCs are backed by LBMA-certified metal and custodied at J.P. Morgan in London; the announcement gives no fee and leaves the first-issuer claim unverified.
VettaFi buys the index behind Invesco's $8 billion PPA
The SPADE Defense Index acquisition follows August's RAFI purchase and pushes assets tied to its aerospace and defense franchise past $11 billion.
Dimensional converts final three ETFs into mutual fund share classes
The eight-fund conversion moved roughly $100 billion of ETF assets into mutual funds holding $150 billion, with asset-weighted fee cuts taking effect November 1.
Direxion's MUIB targets a 20% distribution yield on a single Micron position
The fund, one of seven in Direxion's single-stock income suite, pays twice monthly through what it calls a risk-managed options strategy.
VettaFi buys SPADE Defense Index, the benchmark behind Invesco's $8 billion PPA
The deal follows VettaFi's August acquisition of RAFI Indices and lifts the assets tied to its aerospace and defense franchise past $11 billion.