New ETFs On The Block: Hedged Dividend Income ETF (DIVA)

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FFCM LLC, the Boston, MA-based investment advisor to QuantShares, recently rolled out its fifth exchange-traded fund that takes a unique long-short strategy in dividend investing. The newly launched QuantShares Hedged Dividend Income Fund (DIVA) takes refined approach that is likely to attract investors looking for dividend income. The passively-managed DIVA tracks the INDXX Hedged Dividend Income Index, which was created …