FYI: In an unusual move for the ETF space—but a common one for mutual funds—WBI is merging four of its ETFs into four of its other ETFs on or around Oct. 24. The change seems to be designed to turn the acquiring funds—which are all large cap ETFs—into total market ETFs, as the four funds that are being merged into them are all mid- and small-cap focused.
Regards,
Ted
https://www.etf.com/sections/daily-etf-watch/wbi-merging-several-etfs
