GMO Dynamic Allocation ETF

GMOD

Market cap $41.1M

Last week's action in stocks illustrated investor worries about high valuations. Those worries are reasons for restraint, a fund manager told Investopedia, but not alarm.

Boston investment firm GMO launched its first multi-asset ETF, the GMO Dynamic Allocation ETF (NYSE:GMOD). The move is a strategic expansion by the company to bring its institutional-quality asset allocation capabilities to a wider base of ETF investors.

BOSTON--(BUSINESS WIRE)--GMO launches GMO Dynamic Allocation ETF (GMOD). This marks the first time GMO has offered one of its multi-asset class strategies in an ETF.