Absolute Shares Rolls Out Passive High Dividend ETF Option

Absolute Shares Trust has added onto its WBI suite with its first smart-beta, index-based exchange traded fund that focuses on high dividend-yielding stocks. On Wednesday, Absolute Shares launched the WBI Power Factor High Dividend ETF (NYSEArca: WBIY). WBIY has a 0.67% gross expense ratio. “We’re...