ETFdb Logo
ETFdb Logo
  • ETF Database
  • Channels
    • Themes
      • Active ETF
      • Artificial Intelligence
      • Beyond Basic Beta
      • China Insights
      • Climate Insights
      • Core Strategies
      • Crypto
      • Direct Indexing
      • Disruptive Technology
      • Energy Infrastructure
      • ETF Building Blocks
      • ETF Investing
      • ETF Education
      • ETF Strategist
      • Financial Literacy
      • Fixed Income
      • Free Cash Flow
      • Innovative ETFs
      • Institutional Income Strategies
      • Leveraged & Inverse
      • Managed Futures
      • Market Insights
      • Modern Alpha
      • Multifactor
      • Responsible Investing
      • Retirement Income
      • Tax Efficient Income
    • Asset Class
      • Equity
        • U.S. Equity
        • Int'l Developed
        • Emerging Market Equities
      • Alternatives
        • Commodities
        • Gold/Silver/Critical Minerals
        • Currency
        • Volatility
      • Fixed Income
        • Investment Grade Corporates
        • US Treasuries & TIPS
        • High Yield Corporates
        • Int'l Fixed Income
    • ETF Ecosystem
    • ETFs in Canada
  • Tools
    • ETF Screener
    • ETF Country Exposure Tool
    • ETF Sector Tracker Tool
    • ETF Database Categories
    • Head-To-Head ETF Comparison Tool
    • ETF Stock Exposure Tool
    • ETF Issuer Fund Flows
    • Indexes
    • Mutual Fund To ETF Converter
  • Research
    • ETF Education
    • Equity Investing
    • Dividend ETFs
    • Leveraged ETFs
    • Inverse ETFs
    • Index Education
    • Index Insights
    • Top ETF Sectors
    • Top ETF Issuers
    • Top ETF Industries
  • Webcasts
  • Themes
    • AI ETFs
    • Blockchain ETFs
    • See all Thematic Investing ETF themes
    • ESG Investing
    • Marijuana ETFs
  • Multimedia
    • ETF 360 Video Series
    • ETF of the Week Podcast
    • ETF Prime Podcast
    • Video
  • Company
    • About VettaFi
    • Get VettaFi’ed
  • PRO
    • Pro Content
    • Pro Tools
    • Advanced
    • FAQ
    • Pricing
    • Free Sign Up
    • Login
  1. ClearShares Releases Fixed Income ETF Sub-Advised by Piton
News
Share

ClearShares Releases Fixed Income ETF Sub-Advised by Piton

Aaron NeuwirthOct 02, 2020
2020-10-02

On Friday, ClearShares announced that the ClearShares Piton Intermediate Fixed Income ETF (NYSE: PIFI) will begin trading on October 2, 2020, on the New York Stock Exchange. Piton Investment Management will serve as sub-adviser to the Fund and be responsible for investment management.

PIFI is a diversified portfolio of high credit-quality, intermediate-duration¹ bonds actively managed by Piton’s team of experienced investment professionals. The Fund primarily invests in investment-grade corporate bonds, U.S. government treasuries, and government agency debt.

Piton Investment Management provides customized portfolio management to direct clients and the RIA community primarily through separately managed accounts. Piton clients have utilized the Intermediate Fixed Income strategy as a separately managed account solution, and the PIFI ETF allows Piton to offer this strategy to a broader investor base. The PIFI ETF gives clients efficient access to Piton’s institutional quality bond management without having to meet account minimums that are generally associated with separately managed accounts.

PIFI In The Sky

PIFI focuses on maximizing total-return while striving to deliver conservative goals of income generation, capital preservation, and liquidity. The Fund aims to have an average life and interest rate risk profile lower than many “core” intermediate fixed income ETFs currently available in the marketplace today. The Fund integrates the cost-efficiency², liquidity, and transparency of the ETF structure with experienced professional bond management.

“The PIFI strategy can be a ‘cornerstone’ fixed income solution for any asset allocation,” said Brian Lockwood, Head of Fixed Income at Piton Investment Management. He added, “The highly liquid components, diversification, and moderate interest rate risk provide an important portfolio ‘safety valve’ while allowing investors to participate in bond market returns and income generation.”

Tom Deegan, CEO of ClearShares, noted “ClearShares is very excited to partner with Piton on the PIFI ETF. Piton was a natural partner for the ClearShares platform given their longstanding leadership in the fixed income advisory space and experience delivering their intermediate fixed-income strategy. PIFI will be a great addition to the ClearShares family of ETFs.”

For more information, visit http://www.clear-shares.com/ and https://pitonim.com/.

This article originally appeared on ETFTrends.com.


Content continues below advertisement

» Popular Pages

  • Tickers
  • Articles

Sep 21

Thematic ETF Trends to Watch Entering 2024

Sep 21

There’s Value in Dividend ETFs. Investors Just Need to Know Where to Look

Sep 21

ETF of the Week: ALPS O'Shares US Small-Cap Quality Dividend ETF

Sep 21

The Case for Mid and Small-Cap Stocks Now

Sep 21

BlackRock Adds to iShares iBonds ETFs With TIPS ETF Suite

Sep 21

Cooler Trends as Summer Turns to Fall

Sep 21

Hedge Fund Manager Spots Opportunities in International Equities

Sep 21

Tax Loss Harvesting Is No Longer Just for the Ultra Wealthy

Sep 21

VanEck’s DESK ETF Targets Office and Commercial REITs

Sep 21

Why ESG Investing Still Matters

QQQ

Invesco QQQ Trust Series I

SPY

SPDR S&P 500 ETF Trust

VOO

Vanguard S&P 500 ETF

JEPI

JPMorgan Equity Premium...

SMH

VanEck Semiconductor ETF

TUR

iShares MSCI Turkey ETF

VTI

Vanguard Total Stock Market...

VGT

Vanguard Information...

SCHD

Schwab US Dividend Equity ETF...

TSLY

YieldMax TSLA Option Income...


Content continues below advertisement

Loading Articles...
Our Sites
  • VettaFi
  • Advisor Perspectives
  • ETF Trends
Tools
  • ETF Screener
  • Mutual Fund to ETF Converter
  • Head-To-Head ETF Comparison
  • ETF Country Exposure Tool
  • ETF Stock Exposure Tool
  • ETF Database Pro
More Tools
  • Financial Advisor & RIA Center
Explore ETFs
  • ETF News
  • ETF Category Reports
  • Premium Articles
  • Alphabetical Listing of ETFs
  • Browse ETFs by ETF Database Category
  • Browse ETFs by Index
  • Browse ETFs by Issuer
  • Compare ETFs
Information
  • Contact Us
  • Terms of Use and Privacy Policy
  • © 2023 VettaFi LLC. All rights reserved.

Advertisement

Is Your Portfolio Positioned With Enough Global Exposure?

ETF Education Channel

How to Allocate Commodities in Portfolios

Tom LydonApr 26, 2022
2022-04-26

A long-running debate in asset allocation circles is how much of a portfolio an investor should...

Core Strategies Channel

Why ETFs Experience Limit Up/Down Protections

Karrie GordonMay 13, 2022
2022-05-13

In a digital age where information moves in milliseconds and millions of participants can transact...

}
X