12.20.2019

Sage to List ESG ETF on NYSE

12.20.2019

Sage to List ESG ETF on New York Stock Exchange

December 20, 2019; Austin, TX – Sage Advisory Services (“Sage”), a fixed income investment management firm, is to list its ESG Intermediate Credit ETF, GUDB, on the New York Stock Exchange (NYSE) beginning January 2, 2020. GUDB will be moving from the Chicago Board Options Exchange (CBOE), where it has been trading since 2017 but will continue to be listed under the ticker symbol, “GUDB”.

GUDB seeks to provide investors access to a diversified portfolio of investment grade corporate bonds issued by companies with best-in-class ESG characteristics, strong fundamentals, and a high degree of liquidity. This ETF tracks the Sage ESG Credit Intermediate Index.

“The NYSE is thrilled to welcome GUDB to NYSE Arca, the Home of ETFs. Sage’s investors will now be able to tap into deep liquidity and narrow spreads as a result of this listing. The NYSE ETF team looks forward to supporting GUDB in 2020 and beyond,” said Douglas Yones, Head of Exchange Traded Products at the New York Stock Exchange.

“We’re excited to call NYSE the new home for GUDB, as we hope it will provide our investors with the deepest liquidity and the opportunity to benefit from tight pricing,” said Robert G. Smith. President and CIO of Sage. “We are firm believers that a responsible and sustainable approach to investing does not need to result in any erosion of returns, and ETFs such as GUDB are designed with this in mind.”

About Sage Advisory Services
Sage is an independent investment management firm headquartered in Austin, TX, that serves the institutional and private client marketplace with traditional fixed-income asset management, global tactical ETF strategies and liability-driven investment solutions. As of December 2019, Sage manages and advises over $14 billion in client assets. For more information, visit https://www.sageadvisory.com/

For media inquiries, contact:
Haley Tole
Paragon Public Relations
haley@paragonpr.com
646.558.6226

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