What trades more in a day than most Dow stocks? It's a big junk-bond ETF

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 97%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

'You’ve got this honey pot of liquidity drawing in the big bears,' says one investor of junk-bond ETFs.

BlackRock BLK, -1.88% oversees a key corporate-debt exchange-traded fund that it says now trades at a higher annual daily volume than shares of most blue-chip companies in the Dow Jones Industrial Average DJIA, -0.04%.

By that measure, trading in HYG only was outpaced by five stocks out of 30 in the Dow benchmark: Apple Inc. AAPL, +0.01%, Microsoft Corp. MSFT, -0.19%, Boeing Co. BA, +5.49%, Walt Disney Co. DIS, -0.75% and Salesforce.com Inc. CRM, -0.38%, while operating at a narrow bid-ask spread of 1 basis point, according to Steve Laipply, head of U.S. Bond ETFs at BlackRock.

Its next biggest ETF competitor is the SPDR Bloomberg Barclays High Yield Bond ETF JNK, -0.12%, with $9 billion in assets under management. Combined, they make up less than $30 billion in assets, or a drop in the bucket when compared with the broader U.S. high-yield bond market. While his team isn’t currently using ETFs, they may serve as an early line of defense during times of tumult, he said, since shares can be a quicker — and ideally less painful — way to sell exposure when redemptions pick up.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

horrible

wow

Is this leadlagreport fault? 😉

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 3. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Stocks making the biggest moves in the premarket: Oatly, Tesla, Dollar Tree and moreThe stocks making the biggest moves in premarket trading include Oatly, Tesla, Dollar Tree, and more. $HLKKF more accumulation in the 8s, not much left out there, get in while you can!
Källa: CNBC - 🏆 12. / 72 Läs mer »

Stock futures are flat as investors await economic data, earningsU.S. stock index futures were XXXXX in overnight trading on Monday. Great work I won't be sharing this good news on how am getting paid from jbrwon1 platform, if I didn't see others testifying, I was doubting but now that am experiencing how great he's platform work..I also recommend you to jbrwon1 for safe and secured investment. For all those who are new to this working from home Bitcoin trading options Here's a little tip: Get a trusted Bitcoin expert and stick to him Arnoldnike93 Invest and play at similar times each day. Because : In times of chaos, your investment is your anchor to success⚖️
Källa: CNBC - 🏆 12. / 72 Läs mer »

Inflation Surge Whips Up Market FrothSurging inflation is suppressing returns on safe government bonds, pushing investors to riskier corners of the market, such as stocks and cryptocurrencies Myteamcoin is made to support to sport ! ⚽️ Best platform brings together fans and sport and e-sport clubs. 🏃 Big deals on the way, stay tuned. 🚀 BNB Binance BinanceSmartChain Bitcoin PancakeSwap -(—-) Buy the dip! This is your last chance to get something more valuable than Shiba Inu and please do not forget to say 'Thank you!' in 1 year time. Wish I can read it. Market froth indeed.
Källa: WSJ - 🏆 98. / 63 Läs mer »