Bank ETFs Juiced by Dividends, Share Buybacks
March 14, 2012 at 10:24 AM EDT
ETFs pegged to the U.S. banking sector are rallying along with top holdings that have announced dividend increases and share buybacks after passing the Federal Reserve’s latest stress tests. SPDR S&P Bank ETF (NYSEArca: KBE) was up 1.5% in early trading Wednesday following the previous...