Academy Veteran Bond ETF

VETZ

Market cap $81M

Investors want income. And many also want to create impact with their investment dollars.

NEW YORK--(BUSINESS WIRE)--Academy Asset Management, a veteran-owned institutional asset manager, today announced the addition of the Academy Veteran Impact ETF (NYSE: VETZ) to Betterment's Social Impact portfolio. This is the first time VETZ has been made available in a model portfolio, representing a new opportunity for investors to support U.S. military veterans and their families as part of a diversified, managed portfolio. VETZ is the first publicly traded ETF to primarily invest in loans.

What are the chances the Fed does not cut rates in 2024? Seth Rosenthal discusses this and the state of the U.S. economy. He looks at the Fed's continuing inflation fight. He also talks about how Academy Asset Management launched the Academy Veteran Impact ETF (VETZ) on August 2nd. VETZ invests in loans to U.S. service members, military veterans, their survivors, and veteran-owned businesses. Tune in to find out more about the stock market today.