ETF Chart of the Day: Mortgage Bond Bonanza
November 20, 2013 at 12:14 PM EST
We have seen some selling pressure in the “benchmark” ETF name that tracks the Mortgage Backed Securities market, MBB (iShares Barclays MBS Fixed Rate Bond, Expense Ratio 0.31%) as the fund has seen about $150 million flow out via redemption activity. Although in the context of the fund’s $5.5...