AdvisorShares Active Bear ETF tops $100 million in assets

By Tali David

AdvisorShares announced that the AdvisorShares Active Bear ETF (HDGE), an all-short equity actively managed ETF, has topped $100 million in assets.

John Del Vecchio and Brad Lamensdorf of Ranger Alternative Management manage HDGE.

"In just eight months of existence, HDGE has not only raised over $100 million in assets, but was recently the first equity based actively managed ETF with listed options," Noah Hamman, CEO and founder of AdvisorShares, said in a release. "These are accomplishments that we are all very proud of."

AdvisorShares is a Bethesda, Md.-based sponsor of actively managed exchange-traded funds.

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