
Dana Investment Advisors, an asset manager with over $9.5 billion under advisement, has entered the ETF space with the introduction of its first two ETFs in collaboration with Tidal Financial Group, which will serve as the investment adviser, providing operational and growth assistance as Dana expands its presence in the ETF arena.
The company launched the Dana Unconstrained Equity ETF (NYSE:DUNK) and the Dana Concentrated Dividend ETF (NYSE:DIVE), representing an expansion from its established separately managed accounts and mutual funds into the rapidly expanding ETF market.