|Bid||177.47 x 1800|
|Ask||177.51 x 800|
|Day's range||175.54 - 177.86|
|52-week range||162.50 - 199.26|
|PE ratio (TTM)||11.32|
|YTD daily total return||1.98%|
|Beta (5Y monthly)||1.05|
|Expense ratio (net)||0.19%|
Investors seek out certainty in an uncertain market alongside heavy speculation over the Fed's year-end interest rate outlook. VettaFi Vice Chairman Tom Lydon joins Yahoo Finance's Rachelle Akuffo to detail his ETF picks to circumvent interest rate concerns, while also differentiating active and passive ETFs. "Even though today there's $6.2 trillion in money market funds getting about 5%, when [interest] rates cut, that yield is going to be cut dramatically," Lydon details the overhang the Fed's interest rate strategy could have. "And they don't want to be stuck on the sidelines, they'd rather be longer duration — areas like corporate credit, even high-yield." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Smart Beta ETF report for GSSC
On Monday, shares of Macy's Inc (NYSE: NYSE:M), one of the largest 3000 companies traded on U.S. stock markets and a constituent of the Russell 3000, were traded with a yield exceeding 6%. This figure is based on its quarterly dividend annualized to $0.6616. The stock's lowest point of the day was $10.73. Dividends have historically played a pivotal role in the total return of the stock market, underlining their significance for investors.