BlackRock Strengthens Active ETF Platform with Two ETFs [Yahoo! Finance]
BlackRock, Inc. (BLK)
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Source: Yahoo! Finance
NEW YORK, June 18, 2024 BUSINESS WIRE )--Today, BlackRock expanded access to its alpha-seeking expertise with the launch of the BlackRock Long-Term U.S. Equity ETF (Nasdaq: BELT ) and the BlackRock High Yield ETF (Nasdaq: BRHY ). These launches reinforce BlackRock's commitment to delivering liquidity, tax efficiency, and alpha in the convenience of an ETF. "Active ETFs are becoming an integral part of investor portfolios around the world, with financial advisors increasingly incorporating them into their models-based practice," said Jessica Tan, Head of Americas for Global Product Solutions at BlackRock . "As a fiduciary, we're listening to our clients and creating new products and capabilities to meet their needs. We are excited for the journey ahead and look forward to decades of innovation to come." Evolving market conditions and changes in distribution dynamics have catalyzed the growth of active ETFs. For example, registered investment advisors are using active ETFs as build
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