The U.S. central bank accumulated roughly $8.6 billion worth of bond exchange-traded funds in 2020 as it worked to backstop markets amid a quickly descending pandemic.
The Fed plans to start the process with ETFs -- with the selling of corporate bonds to begin later in the summer. The aim is to complete the exercise by the end of the year.
Astoria Portfolio Advisors' John Davi, an Inside ETFs advisory board member, discusses trends in portfolio construction, how ETF investors are moving beyond low-cost beta funds toward more high-conviction active portfolios, and what economic...