| Investors who buy and sell exchange-traded funds are learning that they don’t always get what they pay for. Sharp price swings and heavy selling can cause the prices of ETFs to vary from the value of the assets they own. That’s been especially clear of late in bond ETFs, as Bloomberg’s Lisa Abramowicz and Mary Childs explain.
ETFs, you’ll recall, hold baskets of underlying securities and trade throughout the day like a stock. Most track an index and stray little from their net-asset value, or NAV. But heavy trading and market volatility can compromise that consistency...............................................Full Article: Source
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