With a cost of 7 basis points, a roughly 2.5% yield, a three-to-four-year investment duration and the "implicit federal guarantee" for mortgage-backed securities intact, Nadig argues that investors would be hard-pressed to find a better high-yielding bet in the ETF space.
For those who are particularly nervous about a potential recession, John Davi, founder and chief investment officer of Astoria Portfolio Advisors, suggested a different kind of trade., ticker BTAL, has climbed nearly 9% in the last month and could be just the ticket for those looking to hedge against a swing-prone market, Davi said Monday in the same "ETF Edge" interview.
ETFEdgeCNBC This is the most clickbait title I've seen from a serious network in a while. For everybody else; a guy from an ETF site, said to buy a mortgage backed ETF. Big freaking surprise.
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »