ETFs Change Indexes More Often Than You Think wealthmanagement.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wealthmanagement.com Daily Mail and Mail on Sunday newspapers.
James Telfser s Top Picks: June 9, 2021
Cohen gives shoutout to Gamestop investors at annual meeting
OSC takes action against companies linked to KuCoin cryptocurrency platform
U.S. stocks turn lower, bonds hold gains ahead of CPI
Investors seek clues on Bank of Canadaâs next taper: Decision-day guide
Chris Blumas Top Picks: June 8, 2021
AMC, Wendy s lead rally as meme stocks rise for a second day
BDC, Black Innovation Capital launch venture fund for Black entrepreneurs in Canada
Biotech shares soar as Biogen drug approval stokes optimism
David Driscoll s Top Picks: June 7, 2021
AMC shares jump as new meme-stock favourite returns to form
Fed Is Among the Biggest Winners From Its Foray Into Credit ETFs The U.S. central bank accumulated roughly $8.6 billion worth of bond exchange-traded funds in 2020 as it worked to backstop markets amid a quickly descending pandemic.
Katie Greifeld | Jun 04, 2021
(Bloomberg) Staving off the collapse of the financial system came with an added bonus for the Federal Reserve: A tidy profit.
The U.S. central bank accumulated roughly $8.6 billion worth of bond exchange-traded funds in 2020 as it worked to backstop markets amid a quickly descending pandemic. Now, as the Fed prepares to unwind its holdings on June 7, it’s sitting on a gain of $140 million from the price appreciation alone, according to Citigroup Inc.