ETF Tuesday
Money Managers' Top ETF Picks for 2009
Vomund's other pick for 2009 is the iShares S&P U.S. Preferred Stock Index(PFF), which includes preferred shares of Wells Fargo(WF), Citigroup(C) and JPMorgan(JPM) among its holdings.
"The best way to profit from stabilization in our financial system is to own preferred stocks tied to banks," he says. "About 85% of this ETF's holdings are financial companies, and the 11% yield makes it especially attractive."TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
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|---|---|---|---|---|
| 12,393.45 | 1,310.33 | 2,827.34 | 15.81 |
Oil *
101.78
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26.41 |
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2.99 |
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10.02 |
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0.44 |
10 Yr
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SPDR Gold
151.62
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-0.21%
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-0.23%
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-0.35%
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-2.71%
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