New Age Alpha Trust has just announced the closure of two of their AVDR ETFs. The AVDR US LargeCap Leading ETF (AVDR) and the AVDR US LargeCap ESG ETF (AVDG) will both cease trading after July 11 and will withdraw assets and distribute remaining gains to holders on July 18.
New Age Alpha has not given a specific reason for the closure but with all of the market issues this year they’re not the first to close.
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