|Bid||0.0000 x 1100|
|Ask||0.0000 x 1100|
|Day's Range||29.4800 - 29.5393|
|52 Week Range||29.2300 - 30.9800|
|PE Ratio (TTM)||23.46|
|Expense Ratio (net)||0.28%|
Much has been said about the millennial generation's investment practices ( or perhaps about the lack thereof). Suffice it to say, millennial investors often approach their financial decisions in a different way from generations before them. A once-standardized stock and bond portfolio is not necessarily an ideal approach for these young investors.
The summer months have historically been among the most actively traded months of the year in the municipal bond market. In each of the last six years, the daily average trading volume in the summer months was higher than the average for the full year. Given the annual peak in called and matured bonds in the summer months, the pickup in trading activity is understandable; it’s driven by reinvestment needs.