Wanti
Wanting at present at week-over-week shares excellent modifications among the many universe of ETFs lined at ETF Channel, one standout is the Vanguard Tax-Exempt Bond ETF (Image: VTEB) the place we now have detected an approximate $353.1 million greenback influx — that is a 5.4% enhance week over week in excellent items (from 120,426,038 to 126,946,329).
The chart beneath exhibits the one yr worth efficiency of VTEB, versus its 200 day shifting common:
Wanting on the chart above, VTEB’s low level in its 52 week vary is $51.071 per share, with $54.19 because the 52 week excessive level — that compares with a final commerce of $54.14. Evaluating the latest share worth to the 200 day shifting common can be a helpful technical evaluation method — learn more about the 200 day moving average ».
Change traded funds (ETFs) commerce identical to shares, however as an alternative of ”shares” traders are literally shopping for and promoting ”items”. These ”items” will be traded backwards and forwards identical to shares, however can even…