|Bid||30.70 x 3000|
|Ask||30.72 x 28000|
|Day's Range||30.70 - 30.72|
|52 Week Range||30.21 - 30.81|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||-0.02|
|Expense Ratio (net)||0.15%|
Below is a look at ETFs that currently offer attractive buying opportunities. The ETFs included in this list are rated as buy candidates for two reasons. First, each of these funds is deemed to be in an uptrend based on the fact that its 50-day moving average is above its 200-day moving average, which are popular indicators for gauging long-term and medium-term trends, respectively. Second, each of these ETFs is also trading below its five-day moving average, thereby offering a near-term 'buy on the dip' opportunity, given the longer-term uptrend at hand. Note that this prospects list also features a liquidity screen by excluding ETFs with average trading volumes below the one million shares mark. As always, investors of all experience levels are advised to use stop-loss orders and practice disciplined profit-taking techniques. To get access to all ETFdb.com premium content, sign up for a free 14-day trial to ETFdb.com Pro.
U.S. equities rallied in 2019, but for investors who are just starting to get back into the stock market after a tumultuous year-end to 2018 could have missed the meat of the move. As such, lower equity ...
As investors take an overhead view of the global fixed-income landscape, many are taking into account the changing market conditions and adapting to the changes by creating a diversified bond portfolio. Growth has weakened in most major economies and financial conditions have tightened going into 2019 as investors grew increasingly concerned about the end of the post-crisis economic expansion that has extended for a decade. Consequently, investors should expect increased near-term volatility.
ETF investments provide advisors and investors with an idea of currently trending global investment themes popping up in a changing market environment. On the recent webcast, ETF Flash Flows: Where Are ...
Many fixed-income investors are concerned about the Federal Reserve's tighter monetary policy with interest rate hikes during the end of a traditional economic cycle. For example, the SPDR Portfolio Intermediate Term Corporate Bond ETF (SPIB) shows a 4.22 year adjusted duration and comes with a 3.92% 30-day SEC yield. On the other hand, if investors were to move down the yield curve a little bit, the SPDR Portfolio Short Term Corporate Bond ETF (SPSB) has a 1.8 year duration and a 3.46% 30-day SEC yield.
With the Federal Reserve continuing its rate tightening regime in 2018, fixed income investors have been embracing lower duration ideas, including floating rate notes. Floating rate notes, also known as ...
DoubleLine Capital CEO Jeffrey Gundlach, otherwise known as "The Bond King" in the capital markets space, said the S&P 500 will hit new lows as a bear market puts a stranglehold on the index. "I'm pretty sure this is a bear market," Gundlach told CNBC. In the last three months, its performance--down 10.31 percent-- speaks to the mass of sell-offs occurring in U.S. equities as rising interest rates and trade wars have sparked a flight from stocks and into safe-haven assets like bonds.
The Christmas season may be a time when winter climates around the globe take hold, but in the capital markets, while the snow is falling, the rates are rising. Given the current economic climate, investors ...
Since 2016, the Federal Reserve has hiked rates seven times and if Goldman Sachs' forecast of five more rate hikes to come is correct, fixed-income investors might want to bring their flotation devices starting in December--not the apparatus that aids in keeping oneself above water, but fixed-income investments that feature a floating rate component. “The Fed is unlikely to conclude the hiking cycle unless it is reassured that the labor market overshoot doesn’t grow much further,” said Goldman Sachs analysts Jan Hatzius, Alec Phillips and David Mericle, states. Rather than invest directly in the bonds themselves, investors can opt for exchange-trade funds that invest in debt issues that feature floating rate notes like the SPDR Blmbg Barclays Inv Grd Flt Rt ETF (FLRN) and the iShares Floating Rate Bond ETF (FLOT) .
Rising interest rates may reach a level that matches U.S. President Donald Trump’s relationship with the media. The president’s disdain for rate hikes won’t gain any sympathy from the Federal Reserve as ...
The latest market sell-off that saw the Dow Jones Industrial Average lose over 1,300 points in two trading sessions caused investors to flee towards floating-rate bond ETFs and Treasury Inflation-Protected Securities (TIPS) as they dumped U.S. equities. While floating rate bond ETFs provide the necessary hedge against a rising rate environment, rising inflation can tamp down any returns realized from floating rate corporate bonds.
About two weeks ago, the Federal Reserve continued its trek towards higher interest rates, raising the federal funds rate for a third time this year by 25 basis points to its current level of 2.25 with possibly more to come as incoming data continues to support economic growth. This rise in rates has wreaked havoc on fixed-income ETF portfolios, according to data extrapolated by Matthew Bartolini, Head of SPDR Americas Research, but there are ways to shore up this offense of rising rates with a strong defense. Fixed-income exchange-traded funds (ETFs) have given nascent and seasoned bond investors alike an opportunity to allocate capital into the bond markets under the guise and benefits of an ETF wrapper.
Yields for the U.S. government debt space are now following U.S. equities in the extended bull run with the benchmark 10-year Treasury note yield reaching a seven-year high, scooting past the 3.2% mark before settling to its current level of 3.189 as of 1:30 p.m. ET. On Friday, wage data is expected to be released and if they rise, this could shoot yields past 3.5%, according to Jim Paulsen, chief investment strategist at Leuthold Group. In addition to the 10-year, the benchmark 30-year yield also ticked higher to 3.348 as did shorter duration yields, such as the five-year yield heading higher to 3.048 and the two-year yield rose to 2.88.
Federal Reserve Chairman Jerome Powell confirmed the overall market consensus on Wednesday that interest rates would rise with the announcement that the federal funds rate would elevate by 25 basis points to 2.25. In the bond markets, activity for high-yield, senior loan and floating rate-focused ETFs ticked higher as investors scrambled to position their portfolios to take advantage of the higher interest rates. "In fixed income, high-yield (which has been quiet of late) saw some increased activity and was mostly better for sale," noted Brian Gilman of ETF Sales & Trading at Virtu Financial.
A raging bull market paired with data from the Department of Commerce showing that gross domestic product rose 4.2% in the second quarter gives Federal Reserve Chairman Jerome Powell ample reason for investors to get swept away by a wave of rising interest rates in the central bank's forthcoming monetary policy decisions. With no signs of slowing, it appears that a healthy flow of rising rates is in order, according to Boston Federal Reserve President Eric Rosengren. With a monetary policy meeting slated for later this month, Rosengren also forecasts that the current federal funds rate will float between a range of 2.5% to 3%. “Gradually increasing over the course of this next year makes sense,” Rosengren told CNBC in an interview.
State Street kicked off a revolutionary investing trend when it launched the first U.S. exchange traded fund, SPDR S&P 500 ETF Trust, in 1993.
State Street Global Advisors announced that 29 additional SPDR ETFs with $33.56 billion in assets under management have been cross-listed on the International Quotation System (SIC) of the Mexican stock ...
Market mavens like hedge fund billionaire Ray Dalio and just recently, David Tepper, founder of hedge fund Appaloosa, have likened the current state of the bull market to a baseball game that is in its ...
If the current raging bull market was compared to a baseball game, then according to Ray Dalio, American billionaire investor and founder of one of the world’s largest hedge funds, this game of profit-seeking is in the seventh inning or in terms of capital markets, has about two years left to run. Dalio's prescience helped him to accurately predict the financial crisis in 2008, so fixed-income investors are keen to listen and take advantage of this extended bull market. In conjunction with the latest data from the Department of Commerce showing that U.S. gross domestic product rose to a revised 4.2% in the second quarter gives the Federal Reserve ample reason for additional rate hikes through the rest of 2018.
Rising interest rates have presented a challenge for passively-managed funds, which may exclude a significant portion of the investable debt market that could offer investors more diversification if they allocated capital into an actively-managed fund. For example, rising interest rates can hurt fixed-income investors who have capital allocated to debt with fixed rates that don't move with short-term rate adjustments made by the Federal Reserve. With no signs of slowing, it appears that a steady diet of rising rates is in order, according to Boston Federal Reserve President Eric Rosengren.
Bond investors should consider the current status of the fixed-income environment and look ways to incorporate ETFs as a means to effectively harvest potential losses. On the recent webcast (available On Demand for CE Credit), Tax Loss Harvesting: What You Need to Know, Matthew Bartolini, Vice President and Head of SPDR Americas Research at State Street Global Advisors, illustrated a current fixed-income market environment where the yield curve has flattened. The Federal Reserve is slowly lifting the short end of the curve through interest rates hikes, and the markets are anticipating at least two more hikes before the year ends.
Fixed-income and inflation go hand-in-hand like termites to wood--inflation can erode the profits of fixed-income investments over time. Furthermore, the extended bull market has seen inflation on a steady, upward path with an increase of 2.9% for the 12 months ending July 2018, which is up from 1.9% since last August. "Inflation and fixed income are not a good combination usually," said George Rusnak, co-head of global fixed-income strategy at Wells Fargo.
Exchange traded funds offering access to floating rate notes (FRNs), including the iShares Floating Rate Bond ETF (CBOE: FLOT), have been popular destinations for fixed income investors this year. The ...
As summer draws to a close, it’s that time again for students to head back into the classrooms and hit the books. For fixed-income investors, it’s business as usual as the quest for profitability in the ...