Peritus High Yield ETF Tops $1B in Assets

The AdvisorShares Peritus High Yield ETF (NYSEArca: HYLD) is the newest entrant to the $1 billion ETF club, cementing its status as one of the largest actively managed ETFs in the process. HYLD is managed by California-based Peritus Asset Management, which specializes in unearthing opportunities in...