My favorite ETF reads over the past week, along with my ETF chart of the week!
“Either institutional investors are starting to get comfortable enough with Vanguard to rely on it as a trading tool – or that individual investors, who have traditionally comprised most of Vanguard’s customer base, are turning to ‘tactical’ ETF strategies.”
“Insurance companies continue to gain comfort in using ETFs, but we are particularly encouraged by the adoption of fixed income ETFs and lower cost equity funds often used by retail investors.”
The New Big Buyer of Bond ETFs by David Carey
“As a result of the Fed’s purchases, it now ranks as a top 10 holder of many of the ETFs where it has been acquiring shares.”
“Roughly 45% of ETNs offer some kind of leveraged/inverse exposure—compared to just 8% of ETFs.”
ETF Chart of the Week: 2020 flows into global, physically-backed gold ETFs have already eclipsed the full-year record set in 2009. The SPDR Gold Trust (GLD) alone has taken in nearly $17 billion this year.