you are currently viewing:AllianceBernstein Finalizes New Municipal ETF ConversionOctober 6, 2025--AllianceBernstein Holding L.P. (NYSE: AB) and AllianceBernstein L.P. ("AB"), a leading global investment management firm, announced today the launch of AB California Intermediate Municipal ETF ("CAM") as an actively managed exchange-traded fund (ETF) on the New York Stock Exchange. Global trading firm Jane Street is the Lead Market Maker for the Fund. "Today, we announce the launch of our California Intermediate Municipal ETF-a direct response to client requests for state-specific options, leveraging our strong expertise in municipal bonds," said AB's Global Head of ETFs & Portfolio Solutions Noel Archard. "In creating our initial trio of municipal ETFs, we prioritized versatility, ensuring they could function both as long-term investment vehicles and as liquidity sleeves within municipal portfolios. We are proud to offer a tailored investment opportunity that aligns with our clients' needs and enhances their portfolio strategies." Source: AllianceBernstein |
September 30, 2025-Diamond Hill, a boutique investment management firm with a long-term, valuation-disciplined approach across multiple asset classes, has completed the conversion of its mutual fund, the Large Cap Concentrated Fund, into an exchange-traded fund (ETF), the Large Cap Concentrated ETF (DHLX).