WisdomTree Looks Toward Nasdaq Listing

WisdomTree, the asset manager and ETF issuer known primarily for its dividend and emerging markets ETFs, anticipates that its stock will make the jump from the pink sheets to the Nasdaq on or about July 26 and trade under the ticker “WETF.” According to data from the National Stock Exchange, WisdomTree offered 46 ETFs with $12.9 billion in assets under management at the end of June making the firm the eighth-largest U.S. ETF issuer. On Thursday, WisdomTree introduced its 47th ETF, the WisdomTree Global Real Return Fund RRF, combines inflation-linked bond exposure from around the world with disciplined commodity strategies designed to provide a managed solution to global inflation, according to statement by the firm. RRF features an expense ratio of 0.6% and is designed to give investors exposure to the inflation-fighting power of commodities while protecting against downside in the U.S. dollar. WisdomTree, the only publicly traded pure play U.S. ETF issuer, also issues the well-known WisdomTree India Earnings ETF EPI, the WisdomTree Emerging Markets Equity Income Fund DEM and the WisdomTree LargeCap International Dividend Fund DOL along with a lineup of nine currency ETFs, among other offerings.