Welcome to our dedicated page for VanEck Low Carbon Energy ETF news (Ticker: SMOG), a resource for investors and traders seeking the latest updates and insights on VanEck Low Carbon Energy ETF stock.
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VanEck has launched the HIP Sustainable Muni ETF (CBOE: SMI), focusing on investment-grade municipal debt aimed at sustainability and positive social outcomes. This ETF targets projects like affordable housing and green spaces, utilizing data from HIP Investor to evaluate bonds based on climate resilience and ESG ratings. With over $7 billion in AUM across its municipal bond ETFs, VanEck continues to lead in sustainable investing. CEO R. Paul Herman emphasizes the ETF's role in fostering meaningful climate action.
VanEck announced a change in the underlying index for its Low Carbon Energy ETF (NYSE: SMOG), now tracking the MVIS Global Low Carbon Energy Index. This updated index aims to enhance diversification and exposure within the low carbon energy sector, focusing on renewable energy companies generating at least 50% of revenues from these activities. The index rebalances quarterly and includes themes like wind, solar, and electric vehicles. VanEck also manages the Green Bond ETF (NYSE: GRNB), catering to the green bond market.
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