In the week ended Jan. 26, 2007 , seven new listings joined the roster of NYSE-listed companies.
On Jan. 26, Alpine Total Dynamic Dividend Fund began trading on the NYSE as an initial public offering. Headquartered in Bynum , AL , the Fund issued 176 million shares at an initial price of $20 per share, resulting in gross proceeds of $3.52 billion making it the largest closed-end fund initial public offering in history. Alpine Total Dynamic Dividend Fund began trading on the NYSE under the ticker symbol AOD.
The Gabelli Global Deal Fund began trading on Jan. 26 as an initial public offering on the NYSE. Headquartered in Rye , NY , the company is a closed-end management investment company. The Gabelli Global Deal Fund trades under the ticker symbol GDL.
On Jan. 23, the first 5 HealthShares™ ETFs, created by XShares Advisors LLC, began trading on the New York Stock Exchange under the following ticker symbols: HealthShares™ Cardio Devices ETF (NYSE:HHE), HealthShares™ Diagnostics ETF (NYSE: HHD), HealthShares™ Emerging Cancer ETF (NYSE: HHJ), HealthShares™ Enabling Technologies ETF (NYSE: HHV), and HealthShares™ Patient Care Services ETF (NYSE: HHB). The initial 5 HealthShares™ ETFs are the first in a series of “verticals” representing specific areas of the healthcare sector, including life science, biotechnology and patient care. HealthShares™ family of funds tracks groups of large, mid and small cap companies concentrating on treatment innovations in cancer, infectious diseases and cardiology, among others.
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