As of October 14, 2022, Absolute Shares Trust - WBI BullBear Trend Switch US 3000 Total Return ETF has gone out of business. Absolute Shares Trust - WBI BullBear Trend Switch US 3000 Total Return ETF is an exchange traded fund launched and managed by Millington Securities, Inc. The fund is co-managed by WBI Investments, Inc. It invests in the public equity and fixed income markets of the United States. The fund invests directly, through other ETFs and ETNs, and through derivatives like futures, forwards, options, and swaps in securities of companies. For its equity portion, it invests in stocks of companies operating across diversified sectors. The fund invests in of companies operating across all market capitalizations. For its fixed income portion, it invests in debt securities issued by U.S. treasuries, U.S. investment grade corporate bonds, and U.S. high yield bonds with any maturity. It employs quantitative and fundamental analysis to create its portfolio. It employs proprietary research to create its portfolio. Absolute Shares Trust - WBI BullBear Trend Switch US 3000 Total Return ETF was formed on May 28,2019 and is domiciled in the United States.