Avantax Advisory Services Inc. has recently acquired shares of the Nuveen ESG Large-Cap Growth ETF (BATS:NULG), according to Defense World. This move comes as part of Avantax Advisory Services Inc.’s investment strategy in the growing field of environmental, social, and governance (ESG) investing.
NULG is an exchange-traded fund that focuses on large-cap growth companies that meet certain ESG criteria. By investing in NULG, Avantax Advisory Services Inc. is aligning its investment portfolio with companies that are committed to sustainable and responsible business practices.
This acquisition highlights the increasing interest in ESG investing among financial institutions and investors. As concerns about climate change and social issues continue to grow, many are turning to ESG investing as a way to support companies that are making a positive impact on the world.
DailyBubble sees this acquisition as a positive step towards sustainable investing and encourages more financial institutions to follow suit. By incorporating ESG criteria into their investment decisions, companies like Avantax Advisory Services Inc. can not only achieve financial returns but also contribute to a more sustainable and equitable future.