Wall Street has been slashing earnings forecasts for some of the biggest holdings of Wood's flagship ARK Innovation ETF, signaling more pain ahead for a strategy that took a beating in 2022.
Trading in the funds had ceased following Russia's invasion of neighboring Ukraine in February.
The Vanguard Short-Term Tax-Exempt Bond ETF would track an index of municipal bonds with maturities between one month and seven years.
While stock and bond funds have seen assets decline, direct ownership of individual bonds has increased over the past year.
She earned the nickname 'SPDR Woman' for her work on the SPDR S&P 500 ETF Trust, which State Street Corp. introduced in 1993.
One of the challenges of regulating these investments is that there’s no agreed-upon definition for them.
From asset flows out of mutual funds and into ETFs, to mutual fund-to-ETF conversions and the emergence of single-stock ETFs, the liquid, low-cost, tax-efficient ETF wrapper has notched a lot of wins this year.
The asset manager announced that all 29 of its ETFs will avoid such distributions this year.
Institutional investors are over-diversifying and taking on too much uncompensated risk, leaving them with expensive index portfolios.
Vanguard, BlackRock and State Street still command about 79% of all U.S. exchange-traded fund assets, but that's down from 91% in 2006.
Anti-greenwashing proposals are already having an effect, results of a US SIF survey suggest.
Trovata will host the Morgan Money corporate investing and trading solutions.
The money manager is asking shareholders to sign off on a proposal to let 13 of its growth funds exceed limits on the size of their stakes in individual stocks.
Firms have brought 422 new ETFs to market so far this year, putting them on track to surpass last year's record.
Newer ESG funds are coming to the market, and a greater share are sustainable funds, according to Cerulli.
A bear market and inflationary pressures may have many Americans feeling less wealthy lately, but not necessarily less generous.
The Senate and House bills will both die at the end of the year if they are not approved. It’s not clear whether sponsors will reintroduce them in January.
Despite lukewarm adoption by financial advisers, the financial services industry is committed to leveraging this crucial channel to get direct indexing in front of more investors.
It can be hard to keep direct-index portfolios from 'drifting' from their benchmark index as stocks are swapped in and out.
The new report cites 24 areas of focus for Catholic-values investing, some of which overlap with ESG investing.
