Click here to find out which 9 other ETFs experienced notable outflows The chart below shows the one year price performance of EDC, versus its 200 day moving average: Looking at the chart above, EDC's low point in its 52 week range is $18.72 per share, with $35.27 as the 52 week high point that compares with a last trade of $26.82. Comparing the most recent share price to webblog the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average . Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand.
Vanguard Beats BlackRock Winning Most ETF Money In First Quarter
Behind Vanguard, the next biggest asset-gatherer in the quarter was First Trust Corp., a Wheaton, Illinois-based provider with $23.5 billion in ETF assets. It collected $3.6 billion, led by the Health Care AlphaDEX Fund, which captured $395 million. The fund tracks a variation of the Russell 1000 Health Care Index that weights stocks according to factors indicative of profit growth, including three, six and 12-month price appreciation, according to the firms website. The fund more than doubled in assets in the past year to $1.9 billion. Smart Beta First Trust specializes in funds that represent a hybrid of active and passive investment strategies, known as fundamental indexing or smart beta.
ETF Chart of the Day: Illuminating Utilities
Vanguard Again Dominates Inflows
In the first quarter, Vanguard attracted $13.1 billion, or almost 90 percent of the money gathered by all U.S. ETFs, reports Christopher Condon for Bloomberg . Pennsylvania-based Vanguard has hauled in more than seven times as much cash into its ETFs this year as the rest of the industry combined, according to Bloomberg. State Streets (NYSE: STT) State Street Global Advisors is the second-largest U.S.
SPDR Barclays Capital High Yield Bnd ETF Declares Monthly Dividend of $0.20 (JNK)
The fund has seen more than $300 million flow out going into quartersend, noting that the ETF has as an asset base of about $5.3 billion and XLU is again flirting with multi-year highs after yesterdays move. XLU has handily out-performed the broad market as measured by the S&P 500 year to date, so profit taking here perhaps makes sense for tactical managers that may be looking to shift assets into other sectors, especially given the propensity for Utilities to move erratically around Fed rate decisions and in tandem with bond rates which have been exceptionally volatile in the past 72 hours. Top holdings in XLU are DUK (9.33%), D (8.14%), NEE (7.96%), SO (7.55%), and EXC (5.27%), with these names expected to release quarterly earnings results for the most part in the last week of April into early May. While not exclusively Utility stock composed in all cases, there are also several interesting funds that track the Infrastructure space that have healthy sector allocations to utilities. Utilities Select Sector SPDR For more information on Street One ETF research and ETF trade execution/liquidity services, contact Paul Weisbruch at firstname.lastname@example.org . Street One Financial is an educational/research firm utilizing the Broker Dealer services of GWM Group Inc (RLCC) a FINRA registered Broker/Dealer.
Noteworthy ETF Inflows: TLT
This represents a $2.37 annualized dividend and a dividend yield of 5.76%. The ex-dividend date is Tuesday, April 1st. SPDR Barclays Capital High Yield Bnd ETF ( NYSE:JNK ) traded up 0.05% on Tuesday, hitting $41.14. 6,637,106 shares of the companys stock traded hands. SPDR Barclays Capital High Yield Bnd ETF has a 52-week low of $38.21 and a 52-week high of $41.95. The stocks 50-day moving average is $41.13 and its 200-day moving average is $40.61.