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Vanguard introduces new ETFs to meet investors’ short-term liquidity needs
Just speculating here since I haven't taken a close look at newly launched ETFs. ISTM that since there are no owners when an ETF launches, there could only be buyers in the secondary market. A premium might not mean that there's high demand, just that the demand is greater than the virtually nil number of sellers.
Comments
I wonder how these ETFs compare to DIY treasury ladder consisting of i, 1.5, 3, 6, and 12 months T bills.
Just speculating here since I haven't taken a close look at newly launched ETFs. ISTM that since there are no owners when an ETF launches, there could only be buyers in the secondary market. A premium might not mean that there's high demand, just that the demand is greater than the virtually nil number of sellers.