Millennials Cited for Rise in ETF Popularity

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Five words or less(NewsUSA) – NewsusaInfographic – Credit investors for being shrewd. Weary of forking over what can be large fees for traditional mutual funds, they’ve poured $3 trillion into exchange-traded funds (ETFs) -; with $2.09 trillion of that held right here in the U.S. And according to TD Ameritrade, it’s millennials, especially, who’ve been allocating more and more of their portfolios to these baskets of securities that trade intraday like individual stocks.

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