ETF moves last week by Vanguard
caught the eye of Chuck Jaffe
yesterday. The MarketWatch
previously announced plans by Huntington to convert two funds into ETFs, by Grail to launch an actively managed ETF run by Jeff Gundlach
's DoubleLine and by Vanguard to create ETF shares for 19 more of its funds.
, director of ETF analysis for Morningstar
, sees an ETF revolution brewing.
"If Vanguard were to license ETF shares," Burns told Jaffe, "you'd see 3,000 funds using them in six months."
chief Bob Reynolds
weighs in as a skeptic of active ETFs, and Vanguard Bill McNabb
adds that he's not sure if Vanguard will make ETF shares for its big active funds.
Neil Anderson, Managing Editor
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