Investors Pile Into This Mortgage Backed Securities ETF
This article was originally published on ETFTrends.com.
Amid a more sanguine outlook for U.S. interest rates this year, which is helping steady mortgage applications, investors are seeking lower risk, yield-driven strategies, including exchange traded funds with exposure to mortgage backed securities (MBS). The iShares MBS ETF (NasdaqGM: MBB) is the largest MBS ETF in the U.S. MBB provides exposure to a broad [...]