PIMCO Launches Commodity Strategy Active ETF

Pacific Investment Management Co. has launched the PIMCO Commodity Strategy Active ETF (NYSE Arca: CMDT). The new actively managed ETF invests in a broad range of commodity-linked instruments. Investors can trade CMDT on the New York Stock Exchange effective Wednesday. CMDT seeks to hedge against inflation and diversify investors’ portfolios. It will target diverse sources [...] The post PIMCO Launches Commodity Strategy Active ETF appeared first on ETF Trends .