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dvhi

Stocks have been on an absolute tear this week with major U.S. equity benchmarks soaring to all-time highs amid renewed stimulus hopes. Bullish momentum permeated the marketplace on Wednesday after the Federal Reserve surprised many with its decision to hold off from scaling back on bond-repurchases this time around; as a result, cyclical securities have been rallying because of the continuation of the Fed’s “accommodative” monetary policy [see also 101 High Yielding ETFs For Every Dividend Investor].

Amid the rally, UBS expanded its ETN suite with a dividend-focused offering; the ETRACS Diversified High Income ETN (DVHI) began trading on September 19th, 2013.

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