ETFs
Healthy income to change ETF quote exchange to NYSE
Tidal Financial Group
NEW YORK, June 14, 2024 (GLOBE NEWSWIRE) — Tidal Investments LLC (“Tidal”) today announced that Sound Income, a renowned asset management company, will change the trading exchange for shares of each of the following series (each, an “ETF” and, collectively, the “ETFs”) of Sound Income ETF Trust (the “Trust”) of NYSE Arca, Inc. on the New York Stock Exchange LLC (“NYSE”), effective June 21 2024:
|
ETFs |
Teleprinter |
Current exchange |
New exchange |
|
Healthy Stock Dividend Income ETF |
DIVISION |
NYSE Arca, Inc. |
New York stock market |
|
Sound Enhanced Fixed Income ETF |
FXED |
NYSE Arca, Inc. |
New York stock market |
Sound Income is committed to improving the trading experience of its customers and investors. By being listed on the NYSE, ETFs will benefit from advanced trading technology and human oversight. Additionally, listing on the NYSE is expected to improve market quality, as evidenced by tighter spreads, larger listed transactions, and increased liquidity.
The ETFs will begin trading on the New York Stock Exchange when markets open on June 21, 2024.
Shareholders of each of the ETFs are not expected to be affected or required to take any action in connection with the change in trading exchange. The ticker of each ETF will remain unchanged.
About Tidal Investments LLC
Formed by pioneers and thought leaders in the ETF industry, Tidal Investments LLC aims to revolutionize the way ETFs have historically been developed, launched, marketed and sold. With a focus on growing assets under management, Tidal offers a comprehensive suite of services, proprietary tools and methodologies designed to bring sustainable ideas to market. Tidal is an advocate for ETF innovation. The company’s mission is to provide issuers with the intelligence and tools needed to effectively launch ETFs and maximize growth potential in a highly competitive space. For more information, visit https://www.tidalfinancialgroup.com/.
About a healthy income
Sound Income is a leading asset management company offering a wide range of investment products across fixed income, equities and alternative investments. With decades of investment experience, Sound Income manages significant client assets, serving corporate and public retirement plans, financial institutions, endowments, foundations, financial advisors and high net worth individuals . For more information, please visit Home New – Healthy Income Strategies (soundetfs.com)
Important information
Before investing, you should carefully consider the investment objectives, risks, charges and expenses of each ETF (each, a “Fund”). This and other information is contained in a Fund’s prospectus, a copy of which can be obtained at https://www.soundetfs.com/. Please read the prospectus carefully before investing.
Investing involves risks, including the potential loss of capital. There can be no assurance that the investment strategy of the Funds will be successful.
The story continues
The value of the Fund’s investments in bonds and other debt securities will change as interest rates change. If rates rise, the value of these investments generally declines. Securities with greater interest rate sensitivity and longer maturities are generally subject to greater fluctuations in value.
Equity securities, such as common stock, are subject to market, economic and business risks that may cause their prices to fluctuate.
The Fund is distributed by Foreside Fund Services, LLC.
CONTACT: Contact Gavin Filmore at gfilmore@tidalfg.com for more information.
