SPY went ex-dividend Friday September 16th, 2011. Its payout will be $0.6249 per share on October 31st. The table below summarizes third quarter dividend information for SPY, IVV, and VOO—the three biggest S&P 500 index ETFs. SYMBOL Next Ex-dividend Next Pay date Last Dividend Dividend SPY 16-Sept-2011 31-Oct-2011 $0.6276 $0.6249 IVV 26-Sept-2011 30-Sept-2011 $0.605 $0.60 (est) VOO 26-Sept-2011 (est) 30-Sept-2011 (est) $0.285 $0.285 (est) For …
I opened a 179/180 spread in GLD for a net credit of 0.20 for calls expiring this week. I’m betting there is enough downward pressure on gold to keep GLD below 179 for the week. . . .. . . . . Chart from Schwab StreetSmart Edge
IVO, one of Barlays’ inverse volatility ETNs terminated today when it briefly dipped below its $10 termination value. The automatic redemption value will be $11.8024 next Monday, the 19th. IVO was designed to behave as a true short of the short term volatility index SPXVSP ( fundamentally the same index that VXX tracks). This approach avoids the potential path dependency / compounding errors of percentage …
Redirected to volatility tickers Update: UBS terminated all of these ETNs on September 12, 2012. They never gathered enough assets to be viable. UBS has single-handedly increased the number of volatility focused ETNs/ETFs from 16 to 28. My initial analysis is that there is nothing revolutionary with these new products. Four of the twelve are effectively clones of Barclays‘ VXX and VXZ products, and VelocityShares‘ …
Note: XVZ was an exchange traded note, which an expiration date of Aug, 11, 2021. Barclays chose to not create a new instance of XVZ, it was never highly successful. Investco’s PHDG is still available, and uses the same index as XVZ did. It did well in the COVID crash, but generally significantly lags the S&P. ************************************************************************************ Barclays’ XVZ volatility ETN is intended to allow investors …
