Vanguard’s first target-maturity ETFs designed for bond ladders launched today, while there are a number of new BulletShares ETFs slated for Invesco’s lineup.
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The company is planning to add 10 target-maturity ETFs. Vanguard and State Street have also moved to fill out their bond-ladder lines.
The bond ladder ETFs come with a target date and can help advisors build income for clients’ major life events.