Midstream Makes These MLP ETFs Sound Bets

Midstream Makes These MLP ETFs Sound Bets

Master limited partnerships (MLPs) and the corresponding exchange traded funds are among this year’s best-performing plays in the energy sector. For example, the Global X MLP ETF (MLPA A-) and the Global X MLP & Energy Infrastructure ETF (MLPX ) are soaring and midstream exposure is a big reason why. MLPs primarily deal with the distribution and storage of energy products, so their business model is less reliant on the commodities market since MLPs profit off the quantity of oil and natural gas they are able to move around. Consequently,…

A Tactical Approach to Municipal Bonds

A Tactical Approach to Municipal Bonds

Tactical Allocation Channel By David Scassler, VanEck Portfolio Manager The VanEck Vectors® Municipal Allocation ETF (MAAX n/a) is the latest addition to VanEck’s suite of Guided Allocation funds, which are designed to participate meaningfully in bull markets and seek to de-risk in bear markets. In the following Q&A, Portfolio Manager David Schassler discusses the philosophy and methodology behind the fund. Why MAAX? We have long offered a suite of municipal bond ETFs with distinct performance, yield, and duration characteristics. Up until now, we had not offered a vehicle that actually…

Chewy IPO Finds Its Way Into ProShares Pet Care ETF

Chewy IPO Finds Its Way Into ProShares Pet Care ETF

The ProShares Pet Care ETF (PAWZ n/a) debuted last November as the first exchange traded fund (ETF) dedicated to the pet care industry and related investment opportunities. Now, the high-flying PAWZ is making room for one of the pet care industry’s most widely anticipated new stocks: Chewy, Inc. (CHWY). Earlier this month, Chewy Inc, subsidiary of PetSmart, priced the initial public offering of 46,500,000 shares of its Class A common stock at $22 per share. The newly public company joined PAWZ on Friday, June 21. “PAWZ is the only ETF…