Shares of SPDR Bloomberg SASB Corporate Bond ESG Select ETF (NYSEARCA:RBND – Get Rating) dropped 0.4% during mid-day trading on Monday . The stock traded as low as $20.97 and last traded at $20.97. Approximately 100 shares changed hands during trading, a decline of 95% from the average daily volume of 1,968 shares. The stock […]
December 24, 2020
While environmental, social and governance (ESG) investing has caught fire in equities, bonds could present ETF investors with the next big thing. They can start looking at ESG-focused debt via funds like the
RBND seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Bloomberg SASB ®US Corporate ESG Ex-Controversies Select Index that tracks investment grade corporate bonds issued by companies that exhibit certain ESG characteristics. Normally, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index.