Columbia Changes Names Of 4 Active ETFs

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Columbia Management, the money management firm that acquired a toehold in the active ETF business by acquiring Grail Management's fund in 2011, changed the names on four of its five ETFs on March 1 to simplify them.

The funds, their old and new names and their assets under management, are:

  • Columbia Large-Cap Growth Equity Strategy Fund is now the Columbia Select Large Cap Growth ETF (NYSEArca:RWG), $8.26 million
  • Columbia Concentrated Large-Cap Value Strategy Fund is now the Columbia Select Large Cap Value ETF (NYSEArca:GVT), $3.38 million
  • Columbia Intermediate Municipal Bond Strategy Fund is now the Columbia Intermediate Municipal Bond ETF (NYSEArca:GMMB), $8.22 million
  • Columbia Core Bond Strategy Fund is now the Columbia Core Bond ETF (NYSEArca:GMTB), $5.27 million

The changes didn't involve the Columbia Growth Equity Strategy Fund (NYSEArca:RPX), which has $1.64 million.

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This article appears in: Investing , ETFs

Referenced Stocks: GMMB , GMTB , GVT , RPX , RWG

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