Silver ETF Holdings Reach Record
Gold ETF holdings rose by 0.3 million troy ounces, or 0.37 percent, to 83.7 million—a fresh record high. Silver holdings rose by 10.1 million troy ounces, or 1.71 percent, to 604 million, after reaching as high as 606.2 million last Thursday—also a record high. Platinum holdings rose by 2K, or 0.16 percent, to 1.5 million. Palladium holdings fell by 19K, or 1.02 percent, to 1.86 million.
The in-kind stock transaction used in the Duracell deal lies of at the heart of every ETF, and has the same benefit: tax efficiency.
Stock investors are used to splits, but why all the reverse splits in ETFs?
Falling gas prices and a strong buck may boost retail stocks, but the favorite ETF may not be the best play.
An alluring new bond ETF focused on China’s mainland credit market comes with a few caveats.