Aptus Collared Investment Opportunity ETF (ACIO)

Aptus Collared Investment Opportunity ETF (ACIO) is an exchange-traded fund in the Equity Hedged category. It has $2.40B in assets, an expense ratio of 0.79% and a 0.37% dividend yield. The fund is an actively-managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective principally by investing in a portfolio of U.S.-listed equity securities of any market capitalization and buying put options or an options collar on the same underlying equity securities, a U.S. equity ETF or on an index tracking a portfolio of U.S. equity securities. It may write call options on up to 100% of each equity position held in the portfolio and will use a portion of the premiu…