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Virtus, Cumberland Advisors launch muni bond ETF
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Virtus ETF Solutions LLC has launched a new exchange-traded fund called the Virtus Cumberland Municipal Bond ETF.
It is the company's first ETF launched in collaboration with Cumberland Advisors. The ETF seeks to maximize total return and capital appreciation by investing in a basket of municipal bonds.
Virtus ETF Solutions is an affiliate of Virtus Investment Partners Inc.