Monday, February 20, 2012

ETFs I'm looking at today

Symbol    PEY --- Power Shares High Yield Dividend

I'm looking at this ETF for several reasons. Low price. 9.42 it only takes 942.00 to buy 100 shares. Average Trading volume is 582,761 which means you could sell it in a hurry if you had to, there's a market for the ETF. But most of all the yield. 3.72% If you consider that a savings account pays about 0.032 %,  and 10year Treasury bonds only pay 2.01% today, no telling what it will be tomorrow.

Symbol   PGX ---- Power Shares Preferred Portfolio

I like the price 14.30 . Most ETF's are much more expensive. Average Trading volume is 456,000. The higher the trading volume the better. The yield is a whopping 6.54% . This ETF concentrates on preferred stocks, which can be used as a proxy for corporate bonds, because the yields are similar. You also get an extra lift when the market is up.

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