FYI: At ETF.com, we love to dig deep: to find hidden gems in overlooked pockets of the market and to spot breakouts before they become trends. But sometimes, the ETFs everybody already knows about are really the most interesting.
Case in point: the iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD). With $35.3 billion in assets under management, LQD is the third largest bond ETF on the market. Only the iShares Core U.S. Aggregate Bond ETF (AGG) and the Vanguard Total Bond Market ETF (BND) are larger.
LQD is an ETF that does what it says, and does it well. That the fund has become so huge and so well-traded is not much of a surprise, maybe, but it does serve as a reminder of the success ETFs can find when they trade well and offer precisely the exposure that investors want.
Regards,
Ted
https://www.etf.com/sections/features-and-news/etf-week-investing-corporate-bonds
