The latest exchange-traded-fund (ETF) data from State Street Global Advisors (SSgA) show that industry-wide total assets were down $5.3 billion, or 0.08%, to $689 billion for October.
Grail Advisors has registered two new actively managed fixed-income exchange-traded funds (ETFs): Grail McDonnell Intermediate Municipal Bond ETF and Grail McDonnell Core Taxable Bond ETF.
State Street Global Advisors (SSgA) announced SPDR Wells Fargo Preferred Stock ETF (symbol: PSK) began trading on the NYSE Arca today with an annual 0.45% expense ratio.
Forty-one percent of independent investment advisers reported that retired clients are reducing the amount of their retirement distributions, according to a study by Charles Schwab.
Vanguard has filed a registration statement with the Securities and Exchange Commission (SEC) for seven new bond index funds and exchange-traded funds (ETFs).
SunGard has teamed up with iShares to launch a solution to help advisers and third-party administrators (TPAs) incorporate exchange-traded funds (ETFs) as standard options in defined contribution plans.