The global economy may be frail. But the U.S. stands strong. The recent correction is just a blip in the bull market.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Vanguard High Dividend Yield ETF where we have detected an approximate $94.8 million dollar inflow -- that's a 0.9% increase week over week in outstanding units (from 155,642,023 to 157,042,671). Among the largest underlying components of VYM, in trading today Raytheon Co.
Large-cap technology companies are returning their profits back to shareholders in the form of dividends and share buybacks.