AdvisorShares ETF launches

AdvisorShares, of Bethesda, a provider of actively managed exchange-traded funds, announced that the AdvisorShares Athena High Dividend ETF will begin trading Wednesday. The ETF is managed by AthenaInvest Advisors LLC, a Denver area-based investment adviser. Athena seeks long-term capital appreciation through a behavioral portfolio management approach that invests in both U.S. and foreign stocks of any capitalization range with a dividend overlay.

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