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B. of A. Warns The Rise Of ETFs Is Distorting The Stock Market

TedTed
in The Bullpen
FYI: Vanguard holds more than 5% in 491 of S&P 500 stocks. The number of passive investors who trade stocks via exchange-traded funds has surged in recent years in what some see as a sign of a dysfunctional market in the making.
Regards,
Ted
http://www.marketwatch.com/story/bofa-warns-the-rise-of-etfs-is-distorting-the-stock-market-2017-07-05/print
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