WisdomTree Files For Dividend Funds, Ranger Alternative Files For Their First ETFs

With the Dow Jones yet again reaching record heights this week, Wall Street is enjoying a strong bull run with no end in sight. Issuers and investors continue the push to get into the market, some even for the first time alone. WisdomTree is looking to capitalize on the security in dividends, while Ranger Alternative Management files papers for their first independent funds to make their way to market, hopefully before this bull run ends [see ETF Database Launch Center].

Industry giant WisdomTree has filed for two ETFs that will take different focuses on the U.S. dividend market:

  • WisdomTree US Dividend Growth Fund:

    This ETF will fill in the gap left by the Global ex-US Growth Fund (DNL), focusing on a range of market sectors to find growing dividends within the domestic market. The SEC filing details a fundamental weighting strategy across 300 companies that meet the firm’s standards [also check out the Visual History Of The Dow Jones Industrial Average].

  • WisdomTree US Small Cap Dividend Growth Fund: With the same purpose as the above dividend fund, the SEC filing for this small cap fund explains that this fund will focus only on firms in the bottom 25% of the market capitalization of the WisdomTree Dividend Index, after the 300 largest companies have been removed.

Ohio-based investment group Ranger Alternative Management has filed for a number of ETFs with the SEC, the first they will launch under their own name. In the past, the group worked with AdvisorShares to create the Active Bear ETF (HDGE), a fund that seeks capital appreciation through short sales of U.S. stocks. These new funds range in strategy, but could include long-short, replication and sampling strategies.

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Disclosure: No positions at time of writing.

Click here to read the original article on ETFdb.com.

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